Acuris announced Tuesday it has acquired SparkSpread, an online news service on M&A and financing in the global energy industry, for an undisclosed amount.
SparkSpread was founded by journalists Will Ainger and Victor Kremer in 2005. It will join Acuris’ Infrastructure division.
“We are excited to welcome the acclaimed SparkSpread team to the growing Acuris family,” said Hamilton Matthews, CEO of Acuris, in a statement. “We have been considering ways to broaden our energy sector coverage for asset managers, fund investors and advisors alike. We look forward to collaborating with Will and Victor to achieve this.”
Acuris was formerly known as Mergermarket Group. Its brands include Mergermarket, Debtwire and Dealreporter.
It has more than 500 journalists and analysts.