KKR and Premialab Announce A $220m Strategic Investment To Power Next Phase Of Global Growth

KKR

LONDON, DUBAI and HONG KONG, 16 December 2025 – Premialab, a global provider of data, analytics and risk management solutions for quantitative investing, today announces a significant $220m growth investment from funds and accounts managed by KKR, a leading global investment firm. Under the terms of the agreement, KKR will lead a significant growth investment alongside existing investor Balderton.

Founded by Adrien Géliot and Pierre Trecourt in 2016, Premialab is a global platform focused on the ~$800bn AUM Quantitative Investment Strategies (“QIS”) market. Premialab enables its customers to make optimal investment and risk management decisions, by accessing and benchmarking QIS strategies, analysing their performance, and providing a suite of related risk analytics. Since formation, Premialab has built a proprietary QIS database collected directly from the largest global sell-side investment banks, featuring over 7,000 QIS strategies and positioning the Group as the global market standard for QIS data, analytics and risk management.

Commenting on the investment, Adrien Geliot, CEO of Premialab said:

“Quantitative investment strategies have grown rapidly in scale and importance, yet the market has lacked a truly independent standard for data, analytics and risk. Premialab was built to fill that gap. This strategic partnership with KKR marks an important milestone for the business and provides us with the resources and long-term support to accelerate the development of the systematic investing ecosystem. Working closely with banks and strategic partners, we will continue to scale our platform globally, enabling us to better serve clients with deeper analytics, greater transparency and improved efficiency.”

Commenting on the investment, Pierre Trecourt, COO of Premialab said:

“We are delighted to enter into this strategic partnership with KKR and to benefit from their deep expertise and strong global capabilities. This investment will enable us to accelerate product development, further enhance our analytics, and expand our presence among institutional clients worldwide. We are particularly excited to continue building out our infrastructure, including our execution offering with Eurex, broadening access to QIS strategies in a more transparent and scalable way.”

Headquartered in Dubai, and with presence in New York, London, Paris, Hong Kong and Sydney, KKR’s investment will support Premialab’s continued global expansion, as well as the growth and development of core operational systems, and the scaling of its newly launched execution product which Premialab codeveloped with Eurex to broaden access to QIS strategies.

Through its Technology Growth Equity platform, KKR has established a proven track record of supporting technology-focused growth companies, having invested approximately $24 billion in related investments since 2016 and built a dedicated global team of 28 investment professionals with deep technology growth equity expertise. KKR’s extensive industry experience, depth of customer relationships and global network and resources across Premialab’s core markets will help further enhance the Group’s customer offering and growth.

Commenting on the investment, Elliot Bell, Principal at KKR said: “QIS strategies are rapidly being adopted across customer segments, and Premialab has established itself as the category defining data and analytics platform that is uniquely enabling this ecosystem. The company delivers critical and differentiated data to blue-chip clients globally, with a durable, high value proposition. We’re delighted to strategically partner with the founders and management team at Premialab to accelerate future growth, through this investment and access to our network and resources.”

Commenting on the investment, Rob Moffat, Partner at Balderton said: “Premialab’s global growth is exceptional and it has become an essential platform for any institutional investor touching QIS. The recent expansion into execution in partnership with Eurex, together with this growth investment from KKR, positions Premialab to build one of the leading companies in capital markets. It has been a privilege to work with Premialab over the last five years and we are excited to continue as an investor for the next chapter.”

The investment will be made primarily through KKR’s Next Generation Technology Growth Fund III, and represents the NGT platform’s first investment in the Gulf region.

Premialab was advised by Rothschild & Co as financial adviser and A&O Shearman as legal adviser. KKR was advised by Gibson Dunn as legal adviser.

About Premialab

Premialab is the leading independent platform partnering with leading investment banks and institutional investors globally, providing data, analytics, and risk solutions for systematic, factor, and multi-asset strategies. With offices in London, Paris, New York, Hong Kong, Dubai and Sydney, the company has forged strong partnerships with the top 18 investment banks, asset managers, pension funds, sovereign wealth funds and insurance companies globally. For more information, please visit: www.premialab.com.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

For more information contact Julija Sungailaite (Premialab) at julija.sungailaite@premialab.com or Annabel Arthur (KKR) at media@kkr.com.

 

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Acuity Knowledge Partners acquires Ascent

Equistone

Acuity Knowledge Partners (Acuity), a leading global provider of bespoke research, data management, analytics and AI solutions to the financial services sector, has announced that it has exchanged on the acquisition of Ascent. The transaction is expected to close on 30th September 2025.

This strategic move is expected to significantly expand Acuity’s Data and Technology Services (DTS) division and its offering of technology and AI services and solutions.

Ascent, a leading European provider of AI-powered digital transformation services, supports over 170 clients globally, with 550 data, software, and cloud specialists operating across seven European jurisdictions.

“Our acquisition of Ascent is a transformative moment,” said Robert King, Chief Executive Officer at Acuity. “Acuity has invested in and built a fast-growing practice delivering data management and technology led services and solutions. By acquiring Ascent, we are taking our expertise and ability to offer our clients innovative AI-led solutions to another level. We are turbo-charging the way we can assist Acuity and Ascent clients with their digital transformations and AI adoption. This acquisition also takes us into new sectors such as reinsurance, pharma, manufacturing and retail for the first time. The acquisition enables Acuity to deliver from, and into, new markets. I am really excited at the prospect of what we can achieve together, and we warmly welcome the Ascent staff to the Acuity family.”

Jon O’Donnell, Chief Operating Officer at Acuity, said, “The Ascent business is a great addition to Acuity and will build on the progress we have made with our AI solutions following the launch of our Agentic AI platform, Agent Fleet. The acquisition of Ascent will boost our capacity to provide best-in-class technology advisory services to our clients. I am excited to partner with Stewart and the Ascent team to significantly grow our DTS business.”

Stewart Smythe, Chief Executive Officer at Ascent, commented, “Combining Ascent’s market-leading data and AI capability in Europe with Acuity’s industry-leading AI innovation and deep domain expertise is exciting. Acuity’s strategic aim to build a global technology services business unit to complement its capabilities and build broader relationships with its existing clients is exactly the opportunity my team were looking for, and we are excited to work with Robert King, Jon O’Donnell and the entire Acuity team.”

In recent years, Acuity has identified a compelling opportunity to build a technology services and solutions division that is complementary to its core capabilities in research, analytics and data management.

This acquisition enhances Acuity’s capabilities and expands the firm’s global network of delivery locations. Furthermore, Acuity will continue to build on Ascent’s strong alliance with Microsoft. Acuity was advised on the transaction by DC Advisory and Ascent by Canaccord Genuity.

Equistone acquired a majority stake in Acuity in November 2019 through its Fund VI, carving the business out of Moody’s Inc. Following a period of strong organic growth, Equistone completed the exit of its majority stake to funds advised by Permira in April 2023. As part of the transaction, Equistone reinvested in a minority position and remains involved through board representation.

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Blackstone Announces Agreement to Acquire Enverus

Hellman & Friedman

Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Enverus, a premier data analytics energy intelligence platform, from Hellman & Friedman and Genstar Capital.

Enverus was founded in 1999 and is a comprehensive data analytics platform empowering its customers’ capital allocation and asset optimization decisions across the entire energy ecosystem. Today, it is the largest and fastest-growing SaaS company and analytics provider dedicated to the energy market. It enables its 8,000 customers across 50 countries with real-time access to analytics, insights, and benchmark data from generative AI and partnerships with more than 95 percent of U.S. energy producers and 40,000 suppliers.

“This is more than a transaction – it’s a launchpad,” said Manuj Nikhanj, CEO of Enverus. “Blackstone shares our conviction that the future of energy will be defined by AI, real-time intelligence, and bold execution. Their global reach and deep expertise across energy, infrastructure, and data-rich industries will accelerate our momentum – helping us scale faster, build smarter, and deliver transformational outcomes for our customers. It is thanks to a strong partnership with H&F that Enverus is the company we are today. I am incredibly proud of what our team has built – especially our breakthrough work in power markets – and more excited than ever for what comes next.”

Eli Nagler and Bilal Khan, Senior Managing Directors at Blackstone, said: “As the leading energy-dedicated SaaS platform, Enverus’ advanced analytics and technology solutions are critical for its customers as they navigate unprecedented AI-driven electricity demand growth and the broader energy transition. We believe Blackstone’s energy market expertise and network can further enhance the company’s growth trajectory, and look forward to partnering with Manuj and the Enverus team.”

“After four years of tremendous partnership, Enverus stands as the clear SaaS, data, and analytics leader empowering the energy market,” said Ben Farkas, Partner at Hellman & Friedman. “We set out with a mission to build on the company’s core strengths, accelerate innovation, and expand its reach across the energy value chain. Today they are pioneering GenAI-powered solutions, scaling into new markets, and enabling smarter and more efficient decisions for customers worldwide. The company’s growth and culture of innovation have set a new standard for the industry. It’s been a privilege to partner with Manuj Nikhanj, Jeff Hughes, and the full Enverus team. We are confident Enverus is exceptionally well-positioned to shape the future of global energy.”

“Supporting Enverus through this exciting period of innovation and growth has been a great journey,” said Eli Weiss, Managing Partner of Genstar Capital. “We’re proud of the team’s achievements and are confident they are well positioned for continued success.”

Enverus represents the latest in a number of recent transactions Blackstone has announced behind its high-conviction investment themes in electricity demand growth and the ongoing energy transition, such as TXNM Energy, Potomac Energy Center, Sediver, Westwood Professional Services, Trystar, and others. Blackstone’s core private equity strategy, Blackstone Energy Transition Partners, and Blackstone’s private equity strategy for individual investors are each expected to invest in Enverus as part of this transaction.

Terms of the transaction were not disclosed. The transaction is expected to close by the end of the year, subject to customary conditions. Citi and Morgan Stanley & Co. LLC acted as financial advisors and Kirkland & Ellis LLP acted as legal advisor to Enverus and Hellman & Friedman. RBC Capital Markets served as financial advisor and Simpson Thacher & Bartlett LLP served as legal advisor to Blackstone.

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About Enverus
Enverus is the energy industry’s most trusted source for decision intelligence. With petabytes of proprietary data, deep domain expertise, and AI-native technology, Enverus empowers customers to invest smarter, operate more efficiently, and scale faster — across upstream, midstream, minerals, power, and renewables — all while navigating the most complex energy market in history. Learn more at www.enverus.com.

About Hellman & Friedman
Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on a limited number of large-scale equity investments in high-quality growth businesses. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies to flourish. H&F targets outstanding businesses in select sectors, including technology, financial services, healthcare, consumer services & retail, and information, content & business services. Since its founding in 1984, H&F has invested in over 100 companies and has over $115 billion in assets under management as of December 31, 2024. Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com.

About Genstar Capital
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high-quality companies for over 35 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $50 billion of assets under management and targets investments focused on targeted segments of the financial services, software, healthcare, and industrials industries.

MEDIA CONTACTS: 

Blackstone
Matt Anderson
Matthew.Anderson@Blackstone.com
(518) 248-7310

Jennifer Heath
Jennifer.Heath@Blackstone.com
(347) 603-9256

Enverus
Jon Haubert
Jon.Haubert@enverus.com
(303) 396-5996

Hellman & Friedman
Dan Abernethy
Dan.Abernethy@fgsglobal.com
(646) 238-3902

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