Gresham completed the purchase of S&P Global’s Enterprise Data Management (EDM) platform on January 12, 2026. Eight days later, Barings announced that it was serving as the agent on the senior secured credit facilities that provide the debt needed for the transaction, with the financing backed by private‑equity firm STG.
The transaction’s financial terms were not disclosed, and the specific amount and terms of the credit facilities remain confidential. What is clear is that the financing arrangement enabled Gresham to acquire EDM, a platform that supports more than $12 trillion in assets under management and is used by 30 of the top 60 global asset managers.
S&P Global’s divestiture of EDM is part of a broader portfolio‑optimization strategy that has already seen the sale of its thinkFolio investment‑management platform to STG. The company is also pursuing growth in its high‑margin core businesses, as evidenced by its recent $1.8 billion acquisition of With Intelligence, a private‑markets data provider. By shedding lower‑margin data services, S&P Global aims to free capital for investment in ratings, indices, and market‑intelligence segments.
STG’s Marc Bala said the deal “plays to EDM’s foundational role in governing, controlling, and operationalizing critical data for financial institutions.” Gresham CEO Mark Hepsworth added that the acquisition “expands our enterprise data‑management offerings and reinforces our focus on supporting mission‑critical data processes in regulated, data‑intensive markets.”
The transaction positions Gresham to accelerate AI‑driven product innovation and deepen customer partnerships, while S&P Global reduces exposure to lower‑margin data services and reallocates capital toward its core, higher‑margin businesses. The deal underscores the continued attractiveness of S&P Global’s core data assets to investors and the confidence of private‑equity backers in the platform’s growth potential.
No specific market reaction or analyst commentary was reported in the available sources, suggesting the transaction is viewed as a routine, albeit strategically significant, step in S&P Global’s portfolio optimization plan.
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