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Transactions

December 2007
has sold
London, England
to
Chicago, Illinois


Background

Since 1985, Hemscott has been providing hard-to-replicate, consistently stated financial information and in-depth director information on publicly traded companies. The Company’s web site, Hemscott.com, is one of the United Kingdom’s leading online financial information portals. Hemscott’s “CoreData” unit (formerly Media General Financial Services) is one of the largest providers of fundamental financial data in the US. Hemscott IR is a leader in providing data to power online investor-relation websites; and bigdough.com, which Hemscott acquired in late 2004, is a leading provider of information on US and European institutional fund managers, analysts and journalists. The Company was founded in the UK and has extensive customers in the UK, Europe and US. More than 80% of the Company’s employees are based at its state-of-the-art technology center in New Delhi, India.

In December 2006, Hemscott merged with the US Company, i-Deal, to create Ipreo Holdings LLC. However, soon after the merger, it became apparent that the combination of bigdough with i-Deal presented more opportunities than did the combination of i-Deal with the original three Hemscott businesses. A year later, Ipreo’s management and Ipreo’s majority owner, private equity firm Veronis Suhler Stevenson (VSS) decided to engage a professional advisor to help them develop strategic alternatives for Hemscott. After meeting and evaluating several firms, they selected Marlin & Associates (M&A).