S&P Global has unveiled plans to acquire With Intelligence, a prominent data analytics company focused on the investment management sector, in a deal valued at approximately $1.8 billion. The acquisition marks a strategic move by S&P Global to strengthen its position in the rapidly expanding field of private markets and fund data analytics.
Expanding Reach into Private Markets
With Intelligence provides comprehensive data, insights, and analytics covering hedge funds, private equity, venture capital, and asset management. Its platforms are widely used by asset managers, allocators, and financial service providers for data-driven decision-making, opportunity identification, and performance benchmarking.
S&P Global, widely recognized for its market intelligence, credit ratings, and indices such as the S&P 500, said the acquisition is designed to deepen its data capabilities across both public and private investment markets.
Strategic Fit and Market Advantage
“This acquisition enhances our ability to provide clients with comprehensive data and insights across asset classes,” said an S&P Global spokesperson. “With Intelligence’s deep expertise in private markets complements our existing strengths in public market data and analytics.”
Analysts view the move as a major step for S&P Global in its quest to compete more effectively with major financial data players like Bloomberg and Morningstar. The integration of With Intelligence’s specialized tools and datasets will likely enhance S&P Global’s competitive edge in the investment data intelligence market.
Integration and Future Outlook
The acquisition, pending regulatory approval and customary closing conditions, is expected to be finalized in the first half of 2026. Once complete, With Intelligence will operate under S&P Global Market Intelligence, aligning its offerings with S&P’s broader suite of financial data and analytics services.
Industry experts say this move reflects the growing importance of data analytics in investment management, as investors increasingly rely on technology-driven insights to navigate complex market dynamics. The acquisition positions S&P Global to better serve the evolving needs of institutional clients seeking transparency and actionable intelligence across both private and public markets.
