After 3x Ipreo Deal, More Fund III Sales Likely For VSS
Veronis Suhler Stevenson scored a welcome return on its sale of capital markets data provider Ipreo LLC to Kohlberg Kravis Roberts & Co., which was one of the largest investments the media-focused shop made with its $1 billion, 1999-vintage third fund. The firm also continues to hold three other investments in Fund III and will likely look to unload at least two of them over the next year or two, a source close to the firm told sister magazine Buyouts. The firm has not started any sale processes, however, the source said. One of the three remaining companies in Fund III is Access Intelligence LLC, a Rockville, Md.-based information and marketing company serving the aerospace, communications, energy, and health care industries.
24 May 2011•2 mins read
