Davis Polk advised IHS Inc., as issuer, and Conscientia Investment Limited, as selling stockholder, on the SEC-registered secondary offering by the selling stockholder of 4,000,000 shares of Class A common stock, for an aggregate price to the public of $464 million. Goldman, Sachs & Co. acted as bookrunning manager for the offering.
IHS, based in Englewood, Colorado, is the leading source of information, insight and analytics in areas that shape today's business landscape. IHS provides solutions that support customer workflows in strategy, planning and analysis, energy technical, product design, and operational excellence and risk management, and in customer industry sectors, including energy and natural resources, technology, chemicals and transportation.
The Davis Polk corporate team included partner Joseph A. Hall and associates Marcel Fausten, Michael R. Newton and Cherie H. Yang. The tax team included partner Kathleen L. Ferrell and counsel Gregory T. Hannibal. Counsel Catherine L. Martin provided 1940 Act advice. All members of the Davis Polk team were based in the New York office.