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Epiris receives £67m from sale of RISI

21 April 2017 07:50

Epiris has announced that Electra Private Equity has received proceeds of £67m from AXIO Group in relation to the sale of RISI. It said the sale of RISI to Euromoney Institutional Investor PLC for $125m completed on 6 April, following receipt of regulatory approvals.

It said the sale was the sixth major realisation from AXIO's portfolio and took total cash proceeds received by Electra from its investment in AXIO to almost £420m, or 4.6x original cost, and the total return, including Electra's investment in the remainder of the AXIO Group, including TechInsights, to more than 5x original cost.

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