CHARLOTTE, North Carolina, December 1, 2021 / PRNewswire / – Randall-Reilly, a leading data, pricing and analytics platform for transportation, construction, agriculture and other industrial markets, today acquired the Asset Intelligence business unit of ‘Informa, made up of Equipment Watch, Price Digests and FleetSeek. These brands provide price data, insights, and proprietary insights to companies making decisions and investing in heavy construction equipment, utility vehicles, and other infrastructure assets.
Randall-Reilly, a leading data, pricing and analytics platform, today acquired the Asset Intelligence business unit from Informa
“Strategically, these highly regarded brands are really helping us move forward to become the go-to source of pricing and analysis in America’s most vital industries,” said Matt reilly, President and CEO of Randall-Reilly. “They perfectly complement our information platforms on the equipment market, EDA and Rig Dig, and equipementsexperts.com, our performance-based used equipment market. “
Simon ferguson, President of Informa Intelligence said, “We wish the Asset Intelligence team continued success under their new owner. They have much to be proud of and we are confident that Randall-Reilly will fuel the growth of these industry-leading brands. “
Equipment Watch is a leader in construction equipment valuation and operating cost data for contractors and state DOTs. Price Digests is a leading provider of commercial truck valuation information and data to insurers and other players in the commercial vehicle value chain. And FleetSeek is a database of 500k carriers with market information used by suppliers of trucking products and services.
“Adding this information to our existing platforms means that no other company understands the behavior and risk profile of heavy equipment buyers better than Randall-Reilly,” said Prescott Shibles, executive vice president and general manager of Randall-Reilly.
Lazard was financial advisor to Randall-Reilly.
Randall-Reilly is a leading B2B data and analytics platform for the transportation, construction, agriculture and other industrial markets, backed by Aurora Capital Partners. Their proprietary data and analytics platforms, with hardware-level intelligence, create proprietary insights into the marketplace and drive exceptional results. More than 4,400 sales, marketing and recruiting clients use Randall-Reilly’s data-driven platforms, services and media to reach their audiences. Based at Tuscaloosa, Alabama, the company also has offices in Charlotte, North Carolina; City of clothiers, Utah; Anniston, Alabama; Franklin, Tennessee; and Brick Township, New Jersey. For more information visit: www.randallreilly.com.
About Aurora Capital Partners
Aurora Capital Partners is a leading private equity firm focused primarily on controlling investments in mid-market companies with market-leading positions, stable industry dynamics, attractive business model characteristics and investment opportunities. exploitable growth in partnership with management. Aurora provides unique resources to its portfolio companies through its Strategy and Operations program and its team of experienced operational advisors. Aurora’s investors include leading public and corporate pension funds, endowments, and foundations active in private equity investing. For more information on Aurora Capital Partners, visit: www.auroracap.com.
Informa is one of the leading international information, advanced knowledge, exhibition and event services groups. It helps business, professional and academic communities work smarter and make better decisions faster, with specialized content and insight, as well as opportunities to connect and learn. For more information, please visit www.informa.com.