Quayle Munro is pleased to announce that it has advised S&P Dow Jones Indices, one of the world's leading index providers, on its acquisition of Trucost plc, a leader in carbon and environmental data and risk analysis, through its subsidiary S&P Global Indices UK Limited.
The acquisition will build on S&P Dow Jones Indices’ and S&P Global’s current portfolio of Environmental, Social and Governance (‘ESG’) solutions, positioning the combined entity strongly to satisfy growing market demand through new product development and the enhancement of Trucost’s existing capabilities, including the provision of environmental data via Trucost’s EBoard platform and portfolio carbon footprinting.
Simon Gluckstein, Managing Director at Quayle Munro, said: “Quayle Munro are delighted to have worked with S&P Dow Jones Indices on this transaction. The two businesses are highly complementary and the acquisition of Trucost will strengthen S&P Dow Jones Indices’ footprint in ESG solutions. We believe this is a strong combination and look forward to the continued success of both businesses as a single entity.”
Alex Matturri, CEO of S&P Dow Jones Indices, said: “We are very pleased to have acquired Trucost; a transaction which builds on the long standing relationship between our two companies and provides a strategic opportunity for us to create considerable value for sustainability focused market participants. We appreciate the help from the Quayle Munro team in bringing this transaction to a successful conclusion.”