Tenzing has announced that it is backing the management team at MNI, and has made an investment in the business, which is led by Terry Alexander, CEO and Richard Hall, Chair.
The Osborne Clarke team advising Tenzing included private equity partner Tim Hewens, associate director James Mackay, senior associate Bethany Shingfield and associates Jack Harris and Kamila Bochenek. Banking advice was provided by Tom Berisford and Joe Roberts. Partner David Nisbet and associate director Robert Thomas advised on tax and senior associate Lara Flynn advised on employment.
Headquartered in the heart of London, MNI’s subscription-based platform provides traders and similar professionals with real-time data and market-leading insights to give them a trading advantage.
MNI’s subscribers benefit from multi-channel distribution, and the content is curated by MNI’s policy reporters and markets team, which, uniquely, includes former fixed-income and currency traders and strategists, who all have extensive market experience.
The business has a strong track record of delivering double-digit organic growth, underpinned by its innovative outbound sales model. Excellent NPS scores and a reputation for quality content, speed of delivery and real-time client interaction have resulted in market-leading client retention across its customer base, reflecting the calibre of the firm’s service proposition.
Osborne Clarke’s Private Equity team is considered a go-to practice for many companies in the technology and financial sectors, working with clients ranging from global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs. Technology sector clients include leading players and the disruptors which have developed game-changing technologies and innovative business models, from complex platforms through to content delivery and data management.