With Intelligence: From Niche to Necessity
Founded in 1998 by Charlie Kerr, With Intelligence has quietly become a critical engine behind private market data, serving over 3,000 global clients. Its platform tracks 30,000 investors, 30,000 managers, 70,000 funds, and 350,000 deals, giving financial professionals real-time insight into the opaque world of alternative assets.
“This is testament to the hard work of our team and our partnership with Motive Partners in building a differentiated business to power smarter investment decisions,” Kerr said. “We look forward to bringing our data and intelligence to an even broader customer base under S&P Global.”
A Play for Data Dominance
With Intelligence is projected to generate $130 million in revenue by 2025, with annual contract value growth in the high teens, underscoring its rapid rise in a competitive market for investment data.
For S&P Global, the acquisition adds an essential layer to its private markets coverage, enhancing services for general partners, limited partners, intermediaries, and advisers seeking sharper visibility into alternative assets.
Rob Heyvaert, founder and managing partner at Motive Partners, described the transaction as a “case study of the impact of our proven model” and a testament to their investment thesis in data and analytics-driven businesses.