Baring PE Asia bets on Clarivate's Asia growth

Jean Eric Salata, founding partner of Baring Private Equity Asia, talks about about growing the carve-out from Thomson Reuters.
The firm's patent and trademark literature going down well in Asia.
The firm's patent and trademark literature going down well in Asia.

The execution of a carve-out from a multinational company can often be tricky. 

But private equity firms Baring Private Equity Asia and Onex are quickly managing to establish their $3.55 billion leveraged buyout of Intellectual Property Science IPS from Thomson Reuters as a standalone entity.

They closed the deal on October 3 and renamed the company Clarivate Analytics. The funds also named David Liu, who was previously head of China at Thomson Reuters, as the firm’s new head of Asia helping them accelerate a sales push in the region.

These moves will help the new firm overcome the challenge of realising cost...

¬ Haymarket Media Limited. All rights reserved.

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