Home / Deals / Arma Partners advises General Atlantic on the partial realisation of its holding in Argus Media, a leading global provider of energy and commodity price reference data

Arma Partners advises General Atlantic on the partial realisation of its holding in Argus Media, a leading global provider of energy and commodity price reference data
Oct 2019
(a portfolio company of General Atlantic)
partial sale to
  • Sector: Data & Information; Media & Internet
  • Deal Type: Private Equity Deals; Founder-led Businesses
  • Engagement type: Sellside
  • Size: >$1bn
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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.

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.

  • 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 trillions of dollars in 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
  • Hg is a leading European technology-focused private equity firm with approx. 170 employees across three investment offices in London, Munich and New York
  • A partnership owned by its employees, Hg manages approximately £10 billion in funds on behalf of more than 100 institutional investors, including private and public pension funds, endowments, insurance companies and funds of funds
  • Hg, which backs businesses led by entrepreneurial teams, is known to take an active operational role as an owner / investor in its portfolio companies
  • 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
  • General Atlantic and Argus’ management sought to introduce a new, like-minded partner to company’s capitalization table, one which could support the company in realising its growth ambitions
  • Arma Partners served as exclusive financial advisor to General Atlantic, working closely with the GA investment team and the Argus management team to facilitate the onboarding of a new investor-partner in the company
  • Arma supported GA and Argus in articulating the company’s strategic positioning, building a detailed, KPI-driven financial model, preparing management presentations and coordinating due diligence with Hg
  • This transaction highlights Arma’s 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
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