What's Happening?
S&P Global has finalized the sale of its EDM and thinkFolio businesses to STG, a private equity firm specializing in software, data, and analytics companies. The transaction, initially announced in October 2025, is not expected to significantly impact S&P Global's financials. The financial terms of the deal were not disclosed, and local closings in certain jurisdictions are anticipated in the coming months. Barclays served as the financial advisor, while Skadden, Arps, Slate, Meagher & Flom LLP provided legal advice to S&P Global.
Why It's Important?
This sale is part of S&P Global's strategy to streamline its operations and focus on its core offerings, which include credit ratings, benchmarks, and analytics. By divesting these businesses, S&P Global can allocate
resources more effectively towards its primary services, potentially enhancing its market position. For STG, acquiring these businesses aligns with its goal of expanding its portfolio in the software and analytics sector, potentially leading to growth and innovation in these areas.
