# Euromoney Institutional Investor acquires Relationship Science for $7.4m

- Link: https://www.directorstalkinterviews.com/euromoney-institutional-investor-acquires-relationship-science-for-7.4m/412992071
- Published: 2021-05-24T07:33:46+01:00
- Author: Giles

**Euromoney Institutional Investor PLC** (LON:ERM), the global B2B information service
provider of price discovery, essential market intelligence and events, has announced
the acquisition of Relationship Science for $7.4m.

RelSci is a global relationship-mapping data provider serving financial, professional
services and not-for-profit organisations. Its platform contains over 9 million 
profiles of global business leaders and senior management, and its proprietary software
enables clients to easily identify and act upon their relationships across a range
of core use-cases. RelSci generated sales of $8.3m for the 31 December 2020 year.

This highly complementary, strategic bolt-on, adds further scale to the Group’s 
rapidly expanding People Intelligence business. RelSci’s broader coverage and strong
relationship-mapping product technology, when combined with the deeper, more granular
data provided by BoardEx will significantly expand the number of use-cases served
by our People Intelligence business and add further value to our clients.   Following
integration with the Group and further investment the acquisition is expected to
deliver accelerated growth over the medium-term.

The combination gives the Group a leading position in the people and wealth intelligence
markets.

> **James Lavell, CEO People Intelligence, Euromoney, said: **
> “The acquisition of RelSci is another highly complementary addition to the Group
> and demonstrates our continued focus on building scale in our 3.0 People Intelligence
> business.
> We have established a market-leading team within People Intelligence and this 
> acquisition builds upon that. By including RelSci’s expertise, user-friendly platform
> and expanded dataset, we open the door to a number of additional ways we can improve
> value for clients old and new.”

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