Kpler Acquires JBC Energy and Consolidates its Leadership in Commodity Data & Analytics
Brussels, 21st March 2022 - Kpler, the fast-growing data & analytics company, today announces that it has acquired JBC Energy, a data & analytic business specialised in energy and commodities. Today’s deal consolidates Kpler’s capacity to provide analysis, forecasts and news in commodity markets, in addition to proprietary data on commodity flows, freight, and inventories.
The acquisition is driven by a strong complementarity between the two companies. JBC Energy’s well-regarded market analysis practice, robust forecasting, and commodities knowledge will be combined with Kpler’s best-in-class proprietary data and data-processing capability, resulting in a comprehensive, technology-driven offering in the energy and broader commodity markets.
Alex Booth, Kpler’s Head of Research, said: “I’ve used JBC Energy since my days as an intern at BP. Its thorough analysis of complex, dynamic markets has been a mainstay of the industry for decades, and we are looking forward to combining it with Kpler’s data and technical capabilities."
Today’s acquisition complements the launch of Kpler Insight (initially called Kpler Research & News) in October 2021, a front-end portal bringing together in-depth analysis, forecasts and news on commodity markets while being fully integrated with underlying, technology-driven proprietary data on commodity flows, inventories, and freight.
Commenting on today’s acquisition, Kpler’s CEO François Cazor said: “JBC Energy is a firm of talented experts bringing high-value analysis and forecasts to the industry and we look forward to introducing an enhanced offering on the Kpler platform to clients in the coming months.”
Kpler has more than doubled Annual Recurring Revenue (ARR) over the past 18 months and is on plan to exceed $50m ARR in 2022.
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Kpler is a fast-growing data and analytics company on a mission to facilitate sustainable and efficient trade, to meet the changing needs of our world. From numerous disparate and unstructured sources, Kpler creates data and analytics that bring transparency in dynamic markets characterised by opaque and incomplete information, such as commodity markets. Kpler delivers its unique offering through technology solutions built in an agile and inventive way, enabling market professionals to make informed and timely trading decisions. Headquartered in Brussels, Kpler employs 180 people across the world. In only four months, Kpler engaged in two inorganic growth operations with the acquisitions of ClipperData and JBC Energy.
About JBC Energy
JBC Energy is one of the world’s leading data & analytic business to the energy and commodity industry. Established in 1994, the company provides research, analytics, consulting, and training solutions to customers around the world from its offices in Vienna, Austria and Singapore. JBC Energy is internationally recognized as a global leader in energy and commodity analysis and forecasting. JBC Energy publishes an extensive range of analytical reports covering crude oil, petroleum products, natural gas, LNG, NGLS, carbon as well as future energy including hydrogen, ammonia, biofuels and renewables. These daily, weekly, monthly, and quarterly publications ensure that it is always at the forefront of market developments.
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