NY-REORG
19.10.2018 10:02:12 CEST | Business Wire | Press release
Reorg, a leading financial media and technology company, today announced it has acquired a controlling stake in London-based Debt Explained Limited, the leading provider of data and analysis on the European high-yield and leverage loan markets.
Founded in 2009, Debt Explained creates and curates data and analysis on bond and loan deals through its proprietary data bases and unique scoring and bench-marking products. These allow for detailed trend analysis in the European high yield and leverage loan markets. The combination of Reorg and Debt Explained will make these tools available on a global basis, driving a new and unique subscriber experience in Europe, the United States and beyond.
“Reorg’s partnership with Debt Explained will create the industry-leading product in the global non-investment grade credit markets,” said Kent Collier, founder and chief executive officer of Reorg. “This fits in perfectly with our strategic vision, and we look forward to building our business together and providing more and even better information to our subscribers.”
Stephen Mostyn-Williams, founder and chairman of Debt Explained, will continue as part of the combined business. Said Mostyn-Williams, “All the Debt Explained team are very pleased to partner with Kent and his team in taking our combined offering onto a global stage. This transaction gives us a tremendous opportunity to enhance the strengths of two market leading firms for the benefit of our mutual global client base. Combining our research, data and scoring products with Reorg’s editorial content and proprietary technology will provide world class, industry leading products across Europe, Asia and North America.”
Gowling WLG acted as legal counsel to Reorg. Fusion Corporate Partners acted as financial advisor and Bracher Rawlins acted as legal counsel to Debt Explained.
About Reorg
Founded in 2013, Reorg has fundamentally changed the way financial and legal professionals access complex and opaque business information. Our unique editorial team combines reporting with financial and legal analysis to provide a holistic view of topical situations and delivers that view in real time through our proprietary platform, which is powered by machine learning and natural language processing applications. Today, with offices on three continents, Reorg serves more than 15,000 professionals across the world’s leading hedge funds, asset managers, investment banks, law firms and financial advisors so they can make better business, investment and advisory decisions. To learn more, visit Reorg.com .
About Debt Explained
Founded by Stephen Mostyn Williams in 2009 Debt Explained remains the first and only business to create unique searchable leverage finance data which is stored in its own customized data bases from document content. It has built upon the wealth of data it holds to create proprietary scoring and benchmarking products for the markets. It is the firm of choice for leading global investors, law firms and investment banks in the European leverage finance market.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181019005022/en/
Contact:
Mark Kollar Prosek Partners 646-494-7287 mkollar@prosek.com or Meredith Zaritheny Prosek Partners 646-503-6278 mzaritheny@prosek.com
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