S&P Global has acquired With Intelligence for $1.8 billion, enhancing its capabilities in private markets data and analytics.

Target Information

With Intelligence, acquired by S&P Global for $1.8 billion in November 2025, is a prominent provider of data and analytics focused on private markets. The firm offers an extensive array of specialized data, covering sectors such as private equity, private credit, infrastructure, hedge funds, and family offices. This acquisition enhances S&P Global's capabilities, allowing it to deliver unique insights to its clients, thus positioning the company as a leader in the financial data landscape.

Industry Overview in the United States

The financial services sector in the United States has undergone significant transformations in recent years, particularly with the advent of technology and data analytics. As firms increasingly rely on actionable insights to guide investment strategies, the demand for quality data and analysis has surged. Companies like With Intelligence are at the forefront of this trend, providing essential tools that enable financial professionals to navigate complex market conditions effectively.

Moreover, private markets have seen a marked increase in activity as investors seek out attractive opportunities beyond traditional public equity markets. This s