Seller Details:
Founded in 1992 and based in Sydney, Rainmaker’s service offerings include a market-leading combination of proprietary datasets, industry benchmarking, research, and market-share reporting for Australia – all of which is integrated and accessible via its RainmakerLive software platform.
Buyer Details:
ISS, which is majority owned by Deutsche Börse Group, along with Genstar Capital and ISS management, is a leading provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally.
Transaction Summary:
Rainmaker will join ISS’ Market Intelligence (“ISS MI”) business and continue to focus on the expansion of its product suite and client engagement. Going forward, ISS MI will add new capabilities to the Rainmaker platform, consistent with its product offerings in other major global markets. The combined offering will provide clients with a more seamless global solution for their financial services market data and intelligence needs.