Panjiva Inc. has been sold to S&P Global Inc.
Oaklins DeSilva+Phillips’ client, Panjiva, a privately-held company that provides deep, differentiated, sector-relevant insights on global supply chains, leveraging data science and technology to make sense of large, unstructured datasets, has been sold to S&P Global (NYSE: SPGI), a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide.
“Panjiva is an exciting acquisition for our division given their core strength in leveraging machine intelligence to combine 1 billion transaction records into a proprietary supply chain graph,” noted Mike Chinn, President of S&P Global Market Intelligence and Executive Vice President of Technology and Innovation at S&P Global. “Their highly skilled and innovative leadership team and employees will help strengthen the insights, products and data that we provide to our clients throughout the world.”
“Together with our customers, the Panjiva team has developed novel ways to generate value from global supply chain data. In the years ahead, we are committed to ensuring that both Panjiva and S&P Global customers receive unrivaled insight into global supply chains,” commented Josh Green, Chief Executive Officer of Panjiva, who co-founded the company with Chief Technology Officer James Psota. “As part of S&P Global Market Intelligence, we are confident that we can fulfill our ambitious goal of bringing transparency to global supply chains and are excited to continue to leverage technology to make sense of the rapidly expanding universe of unstructured data.”
“For over a decade, Panjiva has been a leader in supply chain data analytics and was ahead of the curve in applying machine-learning technology to provide superior data-driven insights and drive better decision-making for its clients,” said Joanna Stone Herman, Partner at Oaklins DeSilva+Phillips. “The combination of Panjiva’s exceptional team and technology with S&P Global’s Market Intelligence platform will create a powerful solution in global trade, providing unrivaled insight into companies and industries around the world. It was an honor to work with Josh Green, James Psota and the Panjiva team, and we are delighted to be a part of this transaction, bringing two innovative platforms together.”
Panjiva tracks the activities, relationships, and transactions of over 8 million companies across 195 countries, providing data-driven insights to over 18,000 professionals.
|Transaction Type||M&A Sell-side|
|Sold To||S&P Global Inc.|
|Industry||Technology, Data & Inforrmation|