Vestar Capital invests in IRI
Vestar Capital Partners is investing in Information Resources Inc. Financial terms weren’t announced. New Mountain Capital is the seller. Once the deal closes, New Mountain and Vestar will jointly govern IRI. IRI, of Chicago, provides data and predictive analytics for companies in consumer goods, OTC health care, retail, financial services, and media. Kirkland & Ellis served as legal counsel to Vestar. Evercore, Morgan Stanley, and Jefferies acted as financial advisor and Fried Frank served as legal counsel to New Mountain and IRI. Jefferies Financial Group, Nomura Securities and Ares Management provided financing.
15 November 2018•4 mins read
