July 2022
India & Switzerland
Novistra Capital advised SG Analytics on its minority investment in Inrate
Minority investment in
Client
SG Analytics
Deal Type
Buy-Side M&A
Deal Team
Ripun Jai Mehta
Managing Partner
Ash Mittel
Managing Director
Client Description
SG Analytics is a global provider of AI-powered insights and contextual analytics, with offices in New York, London, and Pune. The firm specializes in serving clients across Banking & Financial Services, Information Services, and Technology, Media & Telecom, enabling data-led transformation through actionable, decision-grade analytics. SG Analytics is known for its deep domain expertise, high-quality delivery, and global service model.
Approach
Novistra Capital served as the exclusive advisor to SG Analytics on its minority investment in InRate, one of Europe’s leading ESG ratings and sustainable finance data providers. Our team assessed strategic fit across product capabilities, regulatory positioning, and growth alignment within the rapidly expanding ESG landscape. We supported SGA through valuation analysis, diligence, negotiation, and transaction structuring, ensuring the investment enhanced SGA’s long-term data and product strategy while maintaining cultural and operational compatibility.
Outcome
The investment provided SG Analytics with a foothold in the fast-growing ESG ratings and sustainable finance market, adding differentiated product capabilities and strengthening its offering for global asset managers and corporates. The partnership positioned both organizations to scale data-driven ESG solutions across Europe, India, and international markets.
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