Verisk and Veritas Capital have announced the agreement to acquire Verisk’s energy business, Wood Mackenzie for US$3.1 billion excluding US$200 million considering future contingent payments.

Veritas is a premier technology investment firm, that invests in technology-enabled companies that provide products, software and services to government and commercial customers worldwide. Veritas has over $45 billion of assets under management. 

Wood Mackenzie is a global research and consultancy business dedicated in the sector of oil, gas & LNG, power & renewables, chemicals, and metals & mining.