Montagu to acquire ISI Emerging Markets Group

16th November 2020

Montagu Private Equity (“Montagu”), a leading European private equity firm, announces that it has agreed to acquire ISI Emerging Markets Group Ltd (“ISI”), the number one provider of macroeconomic, business and industry intelligence on global emerging markets, from CITIC Capital and Caixin Global. Completion of the sale is expected next month, subject to customary closing requirements.

We are pleased to have found a partner with a strong track-record and expertise in backing companies with similar business models to ours.

Aloisio Parente, CEO of ISI Emerging Markets Group

ISI is renowned globally as the leading provider of data, analysis and research for the world's fastest growing and highest potential countries. It aggregates unstructured, hard-to-obtain information from local and international sources, and validates and curates it into standardised, methodologically consistent and editable content. The products are trusted tools used by a large and diversified customer base made up of blue-chip financial institutions, multinationals, consultants, and researchers worldwide and are available in over 15 languages. ISI operates a subscription model, providing customers with business-critical emerging markets research, leveraging real-time macroeconomic, business and industry intelligence across multiple use cases.

Aloisio Parente, CEO of ISI Emerging Markets Group, said: “Following the carve-out from Euromoney Institutional Investor in 2018, subsequent integration of CEIC and EMIS and investments into the sales network and content, ISI has become the prime source for comprehensive, high quality market intelligence on global emerging markets. We are pleased to have found a partner with a strong track-record and expertise in backing companies with similar business models to ours. We look forward to working with the Montagu team to grow the business by expanding our market coverage and investing in product offering to further enhance value to our customers.”

Pawel Czarnowski, Director at Montagu, said: “For more than 30 years, ISI has been a leading provider of macroeconomic, business and industry intelligence on global emerging markets. Its subscription-based information services are critical, trusted parts of its customers’ workflows. As a business with resilient revenue and loyal customers, that is also well-positioned to deliver accelerated growth opportunities, ISI is an excellent fit for Montagu’s investment strategy. We look forward to working with Aloisio and the team to support the business in this exciting next chapter of growth”.