New Mountain Capital, a growth-oriented investment firm with over $35 billion in assets under management, and Endicott Capital, an investment fund focused exclusively on the information services sector, today announced the closing of the purchase of 3E from Verisk. New Mountain will serve as the control investor.
For more than 30 years, 3E has provided its clients with the necessary expertise and content to support their environmental health and safety (EHS) initiatives. The company provides market-leading data and software solutions that increase chemical and workplace safety, strengthen product safety and stewardship, improve supply chain responsibility, and enhance research and development capabilities. Among its 5,000 customers globally, 3E serves nine of the world’s top 10 chemical manufacturers, eight of the world’s top 10 retailers, and seven of the world’s top 10 pharmaceutical companies1.
Evercore served as the financial advisor to New Mountain and Endicott. Simpson Thacher & Bartlett and Foley Hoag acted as legal advisor to New Mountain and Endicott, respectively.
Read more: Business Wire
