Quayle Munro is pleased to announce that it has advised the shareholders of Wood Mackenzie on a recapitalisation which has been signed with Hellman & Friedman, a leading, global private equity firm, for a majority stake in Wood Mackenzie. The deal places an enterprise value on the business of £1.1bn.
Charterhouse has signalled their confidence in the future prospects of Wood Mackenzie by retaining a minority stake. Hellman & Friedman will hold a 63% majority share in Wood Mackenzie, whilst Charterhouse will retain a 13% share. The remaining 24% will be held by Wood Mackenzie management and staff.
Wood Mackenzie is a leading content, analytics and consulting business operating in the Energy, Mining and Metals industries. The Group is a premier supplier of ‘must have’, commercially orientated, forward looking research and knowledge-based consulting to virtually every major company in the Energy, Mining and Metals industries, as well as leading financial services organisations and government agencies across the globe.
Stephen Halliday, CEO, Wood Mackenzie said: “We are delighted with the investment from Hellman & Friedman and the continued involvement of Charterhouse as Wood Mackenzie moves into the next phase of its development. Quayle Munro’s extensive experience and deep knowledge of Wood Mackenzie and the market proved invaluable in positioning the business for a successful transaction.”
Malcolm Offord, Senior Partner, Charterhouse said: “Quayle Munro’s management of the process was exceptional from start to finish. They provided robust, independent advice throughout the transaction and their experience and knowledge of the data, analytics and software markets was invaluable.”
Craig Muir, Managing Director, Quayle Munro said: “We are honoured to have played a part in the next stage of Wood Mackenzie’s development. It has been a wonderful success story and with Hellman & Friedman and Charterhouse as financial partners they are ideally placed to capitalise on the powerful macro drivers in the Energy and Commodity data, analytics and software markets.”