London-listed Euromoney said Relationship Science, or RelSci, will complement the group’s people intelligence businesses, BoardEx, WealthEngine and Wealth-X, adding scale and broadening coverage and giving the group a leading position in the people and wealth intelligence markets.
“The acquisition of RelSci is another highly complementary addition to the group and demonstrates our continued focus on building scale in our 3.0 people intelligence business,” people intelligence CEO James Lavell said in a statement.
Euromoney added that RelSci’s broader coverage and strong relationship-mapping product technology, when combined with the deeper, more granular data provided by BoardEx will significantly expand the number of use-cases served and add further value to the people business’s clients.
It said that BoardEx and RelSci subscriptions and account support teams will remain in place and will remain separate at this time, ensuring there should be no disruption to clients.
RelSci is a global relationship-mapping data provider serving financial, professional services and not-for-profit organizations. Its platform contains over 9 million profiles of global business leaders and senior management, and its proprietary software enables clients to identify and act upon their relationships across a range of core use-cases.
RelSci generated sales of $8.3 million in 2020.