Quick Take
Verisk (VRSK) announced it has agreed to acquire Genscape for $364 million in cash.
Genscape provides real-time data and analytics for the commodity and energy markets.
After a period of previous acquisition integrations, the deal for Genscape may mean that VRSK is on the acquisition path again.
Target Company
Louisville, Kentucky-based Genscape was founded in 1999 to enable accurate and real-time data and analytics on capacities, flow and utilization for all major energy commodities through its network of thousands of patented monitors strategically deployed worldwide.
Management is headed by CEO Jon