A Weil team led by New York partners Morgan Bale and Jennifer Bensch advised Bank of America Merrill Lynch and Morgan Stanley as providers of $2.9 billion committed bridge financing for Verisk Analytics, Inc., a U.S.-based provider of risk assessment and data analytics services, in connection with its £1.85 billion (approximately $2.8 billion) acquisition of Wood Mackenzie, a U.K.-based energy, metals and mining research and consultancy group.
The acquisition will establish Verisk Analytics as a leading provider of data analytics in energy, chemicals, metals and mining at the center of the global energy market, much like its position in the property/casualty insurance industry. The transaction enables the newly formed company to expand internationally and positions Verisk Analytics in markets that relate closely to its existing supply chain and climate risk initiatives.
The Weil team advising Bank of America Merrill Lynch and Morgan Stanley was led by Banking & Finance partner Morgan Bale and Capital Markets partner Jennifer Bensch, and included Banking & Finance partners Daniel Dokos; Danek Freeman and Chris McLaughlin (London); M&A partners Howard Chatzinoff and Michael Francies (London); Technology & IP Transactions partner Charan Sandhu; Tax partner William Horton Jr.; International Arbitration and Trade partner Ted Posner (Washington DC); Environmental counsel Matthew Morton (Washington DC); Regulatory counsel Adam Safwat (Washington DC); Banking & Finance associates Paul Ingram (London); Justin D. Lee and Anne Ford; Capital Markets associates Aman Singh and Raphaella Ricciardi; M&A associate Alexander Hasek (London); Technology & IP Transactions associates Adrian Perry and Mary Lentowski; Tax, Executive Compensation & Benefits associates Verity Rees; Oleg Kotov and Daniel Barron; Litigation associates Vanessa Chandis; Erin Yates (Washington DC); Marihug Cedeño and Vanshika Vij (Washington DC). (all in New York unless otherwise specified).
Source: www.weil.com
