We are advising Verisk on the transaction

Davis Polk is advising Verisk on the sale of its 3E business to New Mountain Capital for a potential aggregate cash consideration of up to $950 million. The transaction is subject to customary closing conditions, including regulatory approvals.

Verisk provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets and financial services industries. Verisk’s 3E business delivers intelligent compliance solutions that enable companies to manage global regulatory compliance, product stewardship risk and drive continuous improvement to support their environmental health and safety (EHS) initiatives. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. New Mountain currently manages private equity, credit and net lease real estate funds with over $35 billion in assets under management.

The Davis Polk corporate team includes partner Marc O. Williams and associate Michael Senders. The tax team includes partner Patrick E. Sigmon and counsel Elina Khodorkovsky. Partner Jeffrey P. Crandall is providing executive compensation advice. Partner Matthew J. Bacal is providing intellectual property advice. Counsel Michael Comstock is providing environmental advice. Partner David Hahn is providing finance advice. Partner Ronan P. Harty is providing antitrust and competition advice. Partner John P. Meade is providing capital markets advice. All members of the Davis Polk team are based in the New York office.