Arma Partners advises General Atlantic on the partial realisation of its holding in Argus Media
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to General Atlantic on the partial sale of its holding in Argus to the Hg Saturn Fund. Hg will become a joint shareholder in Argus, alongside Adrian Binks, Chief Executive and Chairman, General Atlantic and the management team. The transaction is subject to regulatory approval.
Founded in 1970, Argus is one of the world’s leading, independent providers of price reference data to the global energy and commodities markets. As a global price reporting agency, Argus’s price assessments underpin physical trades and financial derivatives and are critical to the core commercial activity of its clients across 140 countries. Headquartered in London, Argus operates from more than 20 offices located in the world’s principal commodities trading and production centres. Since General Atlantic’s investment in 2016, Argus has continued to deliver consistent growth and profitability while investing significantly in its content, platform and people.
This transaction highlights Arma Partners’ deep expertise in the Data & Information sector and underscores our ability to execute landmark transactions on behalf of the world’s leading companies and investment firms.