Deloitte Corporate Finance LLC Advises Information Builders, Inc. in its Minority Investment From Goldman Sachs & Co.
NEW YORK, Sept. 18, 2017 — Deloitte Corporate Finance LLC acted as the exclusive financial advisor to Information Builders, Inc. (IBI), a leading provider of business intelligence and analytics and information management software solutions, on a minority investment from Goldman Sachs & Co. (Goldman Sachs). The transaction closed on May 4, 2017.
Led by Founder, Chairman of the Board and CEO Gerald “Gerry” Cohen, IBI has developed into a global platform with 34 offices across 14 countries, providing business intelligence and analytics solutions to many of the world’s largest and well-known brands, corporations and organizations. With more than 40 years of experience in providing award-winning software technology, IBI’s full suite of products, services and solutions transform complex data structures into simplified and actionable business intelligence. A wide variety of stakeholders use IBI’s solutions to derive data-backed insights, which can be leveraged to help make effective business and operational decisions.
Cohen stated, “Deloitte Corporate Finance provided incredible insight, skilled guidance and tireless support to create a focused and disciplined process aimed at finding the ideal partner for IBI’s growth strategy and culture. Deloitte’s deep relationships with leading enterprise software investors, particularly those active in our space, led to an ideal match with Goldman Sachs and Bregal Sagemount.”
“Information Builders has developed a global reputation for solving complex business challenges with innovative software solutions focused on actionable, data-driven insights,” said Ron Rivera, managing director and national practice leader, technology, media and telecommunications, Deloitte Corporate Finance LLC. “These solutions enable dynamic business change and operational improvements for IBI’s array of leading global clients. The Deloitte team was proud to be a part of this transaction.”
“IBI has become a leader in the competitive business intelligence and analytics industry through consistent innovation and clear vision into the information management needs of large-scale, complex enterprises,” said Byron Nelson, senior vice president, Deloitte Corporate Finance LLC. “This transaction stands to bolster IBI’s position as a market leader in the business intelligence marketplace. We are excited for Gerry and his team as they further position the Company for this important new chapter in its corporate history.”
About Information Builders, Inc.
Information Builders provides solutions for business intelligence (“BI”), analytics, data integration, and data quality that help drive performance improvements, innovation, and value. Through one set of powerful products, IBI enables organizations to serve everyone – analysts, non-technical users, even partners, customers, and citizens – with better data and analytics. IBI is dedicated to its customers’ success with thousands of organizations relying on IBI as their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with global offices, and remains one of the largest independent, privately held companies in the industry. For more information about IBI, visit www.informationbuilders.com.
About Goldman Sachs & Co.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. For more information, visit http://www.goldmansachs.com/.
About Bregal Sagemount LLC
Bregal Sagemount is a growth-focused private capital firm with $1.7 billion in committed capital. Founded in 2012, the firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Bregal Sagemount invests $25 million to $150 million per transaction into both control and non-control positions, and will make equity and/or junior debt investments. Targeted sectors include software, digital infrastructure, healthcare IT services, business and consumer services, and financial technology / specialty finance. For more information, visit www.sagemount.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. Deloitte Corporate Finance, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
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