S&P Global To Acquire With Intelligence For $1.8B

Author: Benzinga Newsdesk | October 15, 2025 07:09am

• Combination unlocks new market opportunities and cements S&P Global as one of the most comprehensive providers of private markets intelligence, complementing its existing expertise in ratings, benchmarks, data, analytics and workflow solutions.
• With Intelligence's industry-leading, proprietary data spans the full alternatives investing lifecycle — providing critical intelligence for ~3,000 customers including Limited Partners, General Partners and advisors across Private Equity, Private Credit, Hedge Funds, Real Estate, Infrastructure and Family Offices.
• With Intelligence expands and enhances S&P Global's offerings in private markets, with $130m of expected additional revenue in 2025 with organic annual contract value growth in the high teens.

NEW YORK, Oct. 15, 2025 /PRNewswire/ -- S&P Global (NYSE:SPGI) today announced an agreement with a group led by majority investor Motive Partners, a private investment firm exclusively focused on financial technology, to acquire With Intelligence, a leading source of private markets data, insights and analytics, for $1.8 billion. The acquisition considerably expands S&P Global's data coverage and capabilities across private markets — and enhances its value proposition for General Partners (GPs), Limited Partners (LPs), Intermediaries and Advisors.

Posted In: SPGI