MDW Capital supports With Intelligence and Motive Partners’ Growth Investment

London, 10th August 2023

MDW Capital is delighted to announce completion of another financing, the Firm’s eighth of the year so far, advising Motive Partners as part of their acquisition of With Intelligence (the “Group”), the leading provider of data, intelligence, insights and events for the global asset management sector.  A lender group comprising Partners Group, HSBC and ICG have provided acquisition financing, along with committed and uncommitted acquisition and capex facilities, supporting the Group’s continuing strong growth trajectory.

Founded in 1998, With Intelligence has established an industry-leading data and insights platform that is underpinned by vast and proprietary data-sets. The Group provides clients, whether investors or asset managers, with mission-critical insights and analysis.  Combined with must-attend industry events, the With Intelligence has a track record of delivering consistent double-digit revenue growth, outstanding margins and more than 100% operating cash conversion.

MDW Capital worked in close partnership with Motive Partners, the specialist private equity platform that combines Investors, Operators and Innovators, to build, back and buy the technology companies that enable the financial economy. The Firm provided a full range of advisory support services throughout the investment process, including strategic capital strategy advice as well as practical support to both of the investment and management teams.

Neil Cochrane, Partner at Motive Partners, commented “We love the way MDW Capital work. It makes such a difference for a PE Firm to have a partner alongside us who really understands our objectives, having previously stood in our shoes. They frame their advice around those objectives and the commercial drivers of businesses we invest in.  MDW structure new debt facilities with really flexible terms, and communicate in a way that ensures we have both confidence in securing the very best terms and high deliverability. Their investment and ownership mindset means they keep the big picture and dig in on the detail where it matters most, seeing negotiations through to the very end, and beyond.  They allowed our team to focus on what we do best, really evidencing their status as our in-house team operating from a different office. This is proper advisory partnership at its best.”

Andrew Aylwin, Managing Partner at MDW Capital added “Motive Partners’ investment into With Intelligence marks an exciting next step in the Group’s high growth journey. The combination of Motive’s deal team and their Industry Partners is an exceptional growth and value driver for the future, based on deep sector experience and technology knowhow.  We have greatly enjoyed supporting them and the With Intelligence team in executing this exciting transaction. Yet again, our investor and borrower expertise, combined with business and sector insights,  provide a significantly differentiated service and outcome for our clients.”