IHS Inc acquires JFA International in £2m deal
IHS Inc, a leading global source of critical information and insight, has acquired London based JFA International, which provides strategic analysis to the energy industry’s exploration and production sectors.
IHS acquired JFA International for approximately £2m in an all-cash transaction. Callaghans’ Corporate Team acted for JFA International in respect of the deal. The Callaghans’ team was headed by corporate partner Murray Wells and managed on a daily basis by associated corporate solicitor Varnava Zachariou (“Zac”). Murray and Zac had acted previously for JFA International and its shareholders who were happy to retain them to act on the disposal of the business. Zac commented on the deal: “We provided pragmatic solutions to various differences of opinion and helped preserve the future working relationship of the parties involved which given the existing synergy between IHS business and JFA International, we are sure will be a great success.”
