Ipreo Acquires Debtdomain Combined business provides comprehensive suite of solutions for all syndicated products
NEW YORK and LONDON, Feb. 5, 2013 /PRNewswire/ -- Ipreo, a leading global provider of market intelligence and productivity solutions to capital markets and corporate professionals, announced the acquisition of Debtdomain, a global leader in web-based systems for loan syndication.
Debtdomain is a web-based system for managing the loan syndication process from pitch to agency. The solution covers deal setup, pipeline reporting, sole and joint bookrunning, and secure document distribution. Debtdomain also offers an investor CRM tool powered by a database of over 250,000 contacts, and integrated with bookrunning and deal sites. Debtdomain is used by over 150 leading loan market arrangers and agents.
The Debtdomain business will become part of Ipreo's Capital Markets vertical, completing Ipreo's offering of web-based new-issuance solutions for all types of syndicated products. Ipreo's capital markets solutions include end-to-end bookbuilding systems, roadshow & conference management platforms, and electronic document delivery. Additionally, Ipreo's suite of investor prospecting and CRM solutions offers comprehensive institutional contacts data and investor profiles. Ipreo is the only financial services provider to offer solutions across all asset classes including Equity, Fixed Income, Municipal bonds, and Syndicated Loans.
"Syndicated loan solutions are a natural extension of our Capital Markets business, fulfilling our goal of being able to cover all types of syndicated products," said Scott Ganeles, CEO of Ipreo. "Debtdomain is the preeminent player in the syndicated loan space, with a strong client focus, a winning track record, and an approach to technology that is well aligned with our own."
Debtdomain co-CEOs Sean Tai and David Levy will both be joining Ipreo's Executive Committee and together will run the Loan Syndication business under Ipreo's Capital Markets vertical.
"We are thrilled to join an organization with Ipreo's global scale, financial strength, and deep expertise in delivering syndicate solutions," said Tai. "This business combination enables us to combine strengths across fixed income, equity, and syndicated loans to provide clients with investor feedback across all asset classes. This is an important need for the loan market not filled by any other provider," said Levy.
Ipreo is a global leader in providing market intelligence, data, and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies, and buy-side institutions. From new issuance through ongoing investor management, our unique solutions drive connectivity and efficiency throughout all stages of the capital-raising process. Ipreo is a KKR portfolio company with more than 650 employees supporting clients in every major financial center around the world. For more information, please go to www.ipreo.com.
Debtdomain is the global leader in web-based systems for loan syndication, secondary loan sales and agency. Debtdomain is a single application that supports contact management, sole and joint bookrunning, pipeline reporting and secure document distribution for primary, secondary and agency deals. Debtdomain was founded in 2000. The first syndicated deal was launched in 2002 and today more than 150 loan arrangers and agents globally use Debtdomain to manage their loan syndication businesses, launch deals and communicate with lenders. Debtdomain has offices in New York, London, and Hong Kong. For more information, please visit www.debtdomain.com.