December 31, 2020
Weil advised Montagu Private Equity on its acquisition of ISI Emerging Markets Group (ISI) from CITIC Capital and Caixin Global. ISI provides macroeconomic, business and industry intelligence on global emerging markets, and has regional headquarters in Hong Kong, London and New York. The transaction closed on December 31, 2020.
ISI’s subscription-based information services are used by financial institutions, multinationals, consultants and researchers worldwide and are available in more than 15 languages. Montagu has been investing in Northern European businesses since 1968, and the acquisition by Montagu will enable ISI to expand its market coverage and invest in its product offering.
The Weil team was led by Corporate partner Michael Francies in London, supported by Corporate associates Manjinder Tiwana, Bonian Wu and Michael Grant, and Corporate counsel Ed Freeman. The London team included Tax partner Jenny Doak and associates Akash Mehta (Tax) and Briony Pollard (Technology & IP Transactions/Privacy); counsel Ivor Gwilliams and associate Thomas Weatherill (Employment); and associate Christopher Marks (Dispute Resolution). Weil’s Shanghai and Hong Kong offices worked closely with the core team and included partner and head of Weil’s China practice Charles Ching, along with associate Briana Liu, and Corporate partner Henry Ong. Weil’s U.S. offices also provided support, with the team including Private Equity partner Shayla Harlev (Boston), associates Catherine Kim (Technology & IP Transactions/Privacy, New York) and Nathan Cunningham (Litigation, Washington, D.C.).