S&P Global deepens private markets push with $1.8bn takeover of With Intelligence

S&P Global has agreed to acquire With Intelligence from a Motive Partners-led group in a $1.8bn deal that will establish it as one of the leading providers of private markets intelligence.

The transaction, expected to close in late 2025 or early 2026 pending regulatory approval, will integrate With Intelligence’s data, benchmarks, and analytics with S&P Global’s extensive suite of ratings, indices, and workflow solutions.

Founded by Charlie Kerr in 1998, With Intelligence serves nearly 3,000 clients, including LPs, GPs, and advisors, acros…