D.A. Davidson Acts as Exclusive Financial Advisor to Verisk on its Sale of AER to JANUS Research Group
Verisk (Nasdaq: VRSK) has sold its Atmospheric and Environmental Research (AER) business to JANUS Research Group, with D.A. Davidson serving as the exclusive financial advisor. AER, founded in 1977, provides science-based solutions and actionable intelligence related to weather, climate, and space-based risks to global corporations, universities, and government agencies including the DoD, NASA, and NOAA.
The merger aims to combine AER's scientific expertise with JANUS's capabilities in data science and AI/ML solutions to enhance mission-critical solution delivery. AER's President Guy Seeley emphasized their commitment to advancing scientific understanding and operational transitions for customers.
Verisk (Nasdaq: VRSK) ha venduto la sua divisione Atmospheric and Environmental Research (AER) al JANUS Research Group, con D.A. Davidson che funge da consulente finanziario esclusivo. AER, fondata nel 1977, offre soluzioni basate sulla scienza e intelligenza applicabile relative ai rischi atmosferici, climatici e spaziali per corporazioni globali, università e agenzie governative, tra cui il DoD, la NASA e la NOAA.
La fusione mira a combinare l'expertise scientifica di AER con le capacità di JANUS nelle soluzioni di data science e AI/ML per migliorare la fornitura di soluzioni critiche per la missione. Il presidente di AER, Guy Seeley, ha sottolineato il loro impegno a promuovere la comprensione scientifica e le transizioni operative per i clienti.
Verisk (Nasdaq: VRSK) ha vendido su negocio Atmospheric and Environmental Research (AER) al JANUS Research Group, con D.A. Davidson actuando como asesor financiero exclusivo. AER, fundada en 1977, ofrece soluciones basadas en la ciencia e inteligencia práctica relacionada con los riesgos climáticos, atmosféricos y espaciales para corporaciones globales, universidades y agencias gubernamentales, incluyendo el DoD, la NASA y la NOAA.
La fusión tiene como objetivo combinar la experiencia científica de AER con las capacidades de JANUS en ciencia de datos y soluciones de AI/ML para mejorar la entrega de soluciones críticas para la misión. El presidente de AER, Guy Seeley, enfatizó su compromiso de avanzar en la comprensión científica y en las transiciones operativas para sus clientes.
Verisk (Nasdaq: VRSK)는 그의 Atmospheric and Environmental Research (AER) 부문을 JANUS Research Group에 매각하였으며, D.A. Davidson은 독점 재정 고문 역할을 수행하였습니다. AER는 1977년에 설립되어, 세계적인 기업, 대학 및 정부 기관(DoD, NASA, NOAA 포함)에 대해 날씨, 기후 및 우주 기반 위험과 관련된 과학적 솔루션과 실행 가능한 통찰력을 제공합니다.
이번 합병은 AER의 과학적 전문성을 JANUS의 데이터 과학 및 AI/ML 솔루션 능력과 결합하여 미션 크리티컬 솔루션 제공을 강화하는 것을 목표로 합니다. AER의 사장인 Guy Seeley는 고객을 위한 과학적 이해와 운영 전환을 증진하기 위한 헌신을 강조하였습니다.
Verisk (Nasdaq: VRSK) a vendu sa branche Atmospheric and Environmental Research (AER) au JANUS Research Group, avec D.A. Davidson agissant en tant que conseiller financier exclusif. AER, fondée en 1977, fournit des solutions basées sur la science et des informations exploitables liées aux risques météorologiques, climatiques et spatiaux pour des entreprises mondiales, des universités et des agences gouvernementales, y compris le DoD, la NASA et la NOAA.
La fusion vise à combiner l'expertise scientifique d'AER avec les capacités de JANUS dans le domaine de la science des données et des solutions IA/ML pour améliorer la fourniture de solutions critiques pour la mission. Le président d'AER, Guy Seeley, a souligné leur engagement à promouvoir la compréhension scientifique et les transitions opérationnelles pour leurs clients.
Verisk (Nasdaq: VRSK) hat sein Geschäft mit Atmospheric and Environmental Research (AER) an die JANUS Research Group verkauft, wobei D.A. Davidson als exklusiver Finanzberater fungiert. AER, gegründet im Jahr 1977, bietet wissenschaftlich fundierte Lösungen und umsetzbare Erkenntnisse zu Risiken im Zusammenhang mit Wetter, Klima und weltraumbasierten Risiken für globale Unternehmen, Universitäten und Regierungsbehörden, einschließlich des DoD, der NASA und der NOAA.
Die Fusion zielt darauf ab, die wissenschaftliche Expertise von AER mit den Fähigkeiten von JANUS in den Bereichen Datenwissenschaft und AI/ML-Lösungen zu kombinieren, um die Bereitstellung von mission-kritischen Lösungen zu verbessern. Der Präsident von AER, Guy Seeley, betonte ihr Engagement für die Förderung des wissenschaftlichen Verständnisses und der operativen Übergänge für die Kunden.
- Strategic divestment aligns with Verisk's portfolio optimization
- Sale strengthens JANUS's service capabilities through AER's expertise
- Maintains valuable government and commercial client relationships
- Reduction in Verisk's environmental analytics capabilities
- Loss of established government contracts revenue stream
Insights
The sale of Atmospheric and Environmental Research (AER) by Verisk to JANUS Research Group represents a strategic divestiture that aligns with Verisk's ongoing portfolio optimization efforts. While financial terms weren't disclosed, this transaction is part of Verisk's broader strategy to streamline operations and focus on core business segments. The sale transfers a government-focused research unit providing weather and climate analytics to JANUS, which should create better strategic alignment given JANUS's existing federal contracting presence.
This divestiture follows Verisk's pattern of strategic sales, including the previous divestment of its energy business and financial services segment. For investors, this indicates continued execution of Verisk's transformation into a more focused analytics provider. The impact on Verisk's financials is likely to be minimal given AER's relatively small contribution to overall revenue, but it should improve operational efficiency and capital allocation.
The acquisition strengthens JANUS's capabilities in environmental and atmospheric research, particularly in serving high-profile government clients like the DoD, NASA and NOAA. The combination creates synergistic opportunities by integrating AER's scientific expertise with JANUS's AI/ML capabilities. This merger positions the combined entity to capture a larger share of government contracts in environmental and space-related research.
For Verisk, the divestiture reflects an industry trend where companies are sharpening their focus on core competencies. This transaction allows Verisk to concentrate resources on its primary insurance and natural resources analytics segments while maintaining strong relationships with D.A. Davidson for future strategic initiatives. The deal demonstrates continued M&A activity in the government contracting space, particularly for specialized technical capabilities.
D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, on the sale of its Atmospheric and Environmental Research (“AER”) business to JANUS Research Group (“JANUS”). JANUS is a portfolio company of CM Equity Partners. (Graphic: Business Wire)
Founded in 1977, AER provides science-based solutions and actionable intelligence to global corporations, research universities, and government agencies, including the
"The AER team is very proud of our deep heritage and world-class capabilities in remote sensing, radiative transfer, oceanography, space weather, and climate analytics," stated Guy Seeley, President of AER. “We remain dedicated to advancing the scientific understanding of the atmosphere, ocean, and space environment, to successfully transition science to operations for our customers. AER is thrilled to join forces with JANUS and leverage their deep capabilities in data science and AI/ML solutions to further strengthen JANUS’ ongoing delivery of mission-critical solutions.”
“We are very appreciative of D.A. Davidson’s support on this transaction. They were intimately involved from start to finish during the sale process, and their deep relationships and industry expertise helped ensure a successful outcome,” said Yang Chen, Head of Corporate Development and Strategy, at Verisk.
“It was a great pleasure for us to have served as Verisk’s exclusive advisor on the sale of AER, and we’re grateful to have played a unique role in this latest chapter of AER’s rich history. We believe the combination of AER and JANUS creates a truly unique research and development organization with complementary technical, engineering, and domain expertise to deliver full life-cycle services and enduring solutions across high-profile Federal, DoD, and commercial customers,” said Toby Albright, Managing Director at D.A. Davidson.
The transaction represents another successful closing by D.A. Davidson’s Diversified Industrials Investment Banking Group and highlights the ongoing momentum in Davidson’s Aerospace, Defense, and Government Services practice.
D.A. Davidson’s Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology.
About D.A. Davidson
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services.
For more information, visit dadavidson.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241217703724/en/
Deal Team Contacts
George “Toby” Albright III, Managing Director | talbright@dadco.com
Winston Smith, Associate | wsmith@dadco.com
Media Contact
Emily Roy
Prosek for D.A. Davidson
(646) 818-9232
eroy@prosek.com
Source: D.A. Davidson & Co.
FAQ
What is the strategic impact of Verisk (VRSK) selling AER to JANUS Research Group?
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