Davis Polk is advising Verisk Analytics, Inc. in connection with its £250 million acquisition of Sequel from HgCapital and other Sequel shareholders. The transaction is expected to close in the third quarter of 2017, subject to the completion of customary closing conditions.

Verisk Analytics is a data analytics provider serving customers in insurance, natural resources and financial services. Headquartered in Jersey City, New Jersey, and traded on Nasdaq, Verisk Analytics operates in 29 countries around the world offering predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting and many other fields. Sequel is an insurance and reinsurance software specialist. Headquartered in London, it delivers an integrated suite of software that provides full end-to-end management of all insurance and reinsurance business.

The Davis Polk corporate team includes partner Will Pearce and associate William Tong. Associate Patrick Ryan is advising on the credit aspects of the transaction. Counsel Nicholas Spearing is providing antitrust and competition advice. Partner Frank J. Azzopardi and associates Samantha Lefland and Jesse L. Hallock are providing intellectual property advice. Partner Jonathan Cooklin and associate Dominic Foulkes are providing tax advice. Members of the Davis Polk team are based in the London and New York offices.