Accuity

For Bahrain-based Investcorp, the sale of Accuity generates a return just short of two times the cash it put into buying Source Media in 2004.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011

Accuity looks to operate in the same business segment as Bankers Almanac, which is "complementary and makes clear business sense," he added.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011

Accuity has more than 300 staff and is based in Skokie, Illinois, U.S.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011

LONDON—Anglo-Dutch publishing group Reed Elsevier PLC said Monday it has agreed to buy U.S. online-data business Accuity Holdings Inc. from investment firm Investcorp for £343 million $530.1 million in cash, in a deal aimed at strengthening its operations in the financial-services industry.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011

It recently split the company into two separate businesses—Accuity and a traditional stable of titles including the American Banker and The Bond Buyer, which the investment is retaining under the Source Media name.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011

Accuity CEO and President Hugh Jones will join Reed Elsevier to run the enlarged business within the data businesses of Reed Business Information.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011

Meanwhile, Accuity, a compliance-software supplier, has added more Middle Eastern analysts and last month published an expanded list of alternative spellings for many Middle Eastern names, including 110 variations of Gadhafi.

Arabic Names Spell Trouble for Banks Deborah Ball 2011

Mr. Lisbach has sold the service to UBS AG as well as to Accuity, which has in turn sold a software package including LSS's search engine to a number of banks.

Arabic Names Spell Trouble for Banks Deborah Ball 2011

Accuity operates in three main areas: payment efficiency, risk reduction and national regulatory services.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011

Accuity is an online-data business with subscription-based revenue, more than 95% customer-retention rates and double-digit revenue growth.

Reed Elsevier to Buy Accuity Lilly Vitorovich 2011