Energy and infrastructure index provider Alerian has acquired index consulting firm and provider S-Network Global Indexes.
Terms are not being disclosed, a spokeswoman said. Alerian, best known for the Alerian MLP Index, is expected to close the acquisition from S-Network’s founders and private investors before Jan. 1, she said.
The acquisition “will result in index-linked AUM of $20 billion across the combined suite of indexes and further enhance Alerian’s global indexing, analytics and data capabilities,” a news release said.
