Intercontinental Exchange, parent of the New York Stock Exchange, agreed to acquire market analytics provider Interactive Data Corp. for $5.2 billion.
Interactive Data is being acquired from private equity managers Silver Lake Management and Warburg Pincus for $3.65 billion in cash and $1.55 billion in ICE common stock, ICE and Warburg Pincus said Monday in a joint news release.
Silver Lake holds 41% of Interactive Data and Warburg Pincus holds 37%, according to an SEC filing. The remaining stake is held by affiliates of Silver Lake and Warburg Pincus.
Interactive Data, which provides financial data for mutual funds, banks, money managers, hedge funds and fund administrators, will be combined with ICE Data Services. That unit provides data for nine asset classes across the 11 exchanges and seven clearinghouses.
The acquisition is expected to close by the end of 2015.
ICE was advised on the deal by Broadhaven Capital Partners; Interactive Data was advised by Goldman Sachs and Credit Suisse.
Interactive Data was acquired by Silver Lake and Warburg Pincus in 2010 from Pearson and Interactive Data’s management for $3.4 billion
Kelly Loeffler, ICE spokeswoman, and Ed Trissel, Warburg Pincus spokesman, could not be reached by press time for further details.