UK, Business Monitor International Received Equity Investment

Business Monitor International (BMI), a global provider of country risk analysis, macroeconomic forecasting and industry research, announced it has received a “substantial, non-controlling equity investment from Spectrum Equity Investors”.
According to a statement, “the investment will accelerate the expansion of BMI’s portfolio of services, and position the company to execute on its global expansion strategy” but the terms of the transaction were not disclosed.
Richard Londesborough, Co-CEO of London-based BMI was reported as saying: “While BMI has already established itself as a leading provider of subscription-based risk data and analysis to clients and subscribers in over 140 countries, we believe we are still in the early stages of the company’s growth opportunity. Spectrum’s capital and board-level assistance will further strengthen the BMI platform for continued success going forward”.
FinSMEs
09/09/2009

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