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Press Release - Kpler Acquires ClipperData

September 8, 2021
2 minutes

BRUSSELS, 8 September 2021 -- Kpler, the leading data and analytics firm providing real-time transparency in commodity markets, today announced it has acquired ClipperData, a data and analytics firm headquartered in New York City, United States.

Since its founding in 2013, ClipperData has developed a unique data offering for the global commodity markets, with a long pedigree in petroleum liquids coverage particularly in the United States. Its proprietary data is used by hundreds of industry professionals, including leading oil and gas companies, traders, utilities and financial institutions.

By integrating the best of the two businesses (proprietary data, technology, analysis and people), the ambition of Kpler is to provide commodity professionals with the highest level of market transparency, and allow them to further increase their understanding of the market.

Through this acquisition, Kpler is fulfilling one of its strategic objectives by consolidating its leadership in the markets it already serves and accelerating its growth. 

“In under three years, we will have more than quadrupled our ARR to $40m. This acquisition accelerates our growth further and gets us closer to our ambition of reaching $100m ARR sooner. We are honoured ClipperData has accepted Kpler’s offer and are excited to bring the two businesses together to strengthen our market leadership.” François Cazor, CEO, Kpler.

“Kpler and ClipperData have built their reputations around high quality proprietary data, each with exclusive sources and unique applications of machine learning. We are looking forward to integrating these complementary attributes to bring to the industry a product of unrivalled comprehensiveness and accuracy.” Jean Maynier, CTO, Kpler.

“We are proud of what ClipperData has achieved since its creation and feel confident in leaving its legacy in Kpler’s hands. Most importantly, I believe that our customers will benefit tremendously from the unmatched services that the combined companies will be able to offer.” Sterling Lapinski, Co-founder, ClipperData.

ENDS

About Kpler

Kpler is the leading data and analytics firm providing real-time transparency in commodity markets. Relying on a methodology that combines artificial and human intelligence, the Kpler platform provides proprietary data and analytics (global flows, storage, freight) on more than 40 commodities including crude oil, refined products, LNG, LPG, and dry bulk. Since 2014, Kpler has acted as a pioneer by disrupting intelligence in traditionally opaque commodity markets. Through its embedded solutions, it allows thousands of professionals to better understand current and past trends, drive new opportunities, monitor competition, feed their own analytical models and mitigate risk. Kpler is a privately-owned company that employs over 150 staff across nine permanent locations. Visit kpler.com.

About ClipperData

ClipperData was founded in 2013 by leading executives in the commodities and energy data analytics industry, together with an affiliate of Nassau Point Investors LLC. ClipperData developed a proprietary data offering in order to bring a new level of transparency and accuracy to global cargo tracking. Beginning with a database of global cargoes of crude oil and refined products, ClipperData’s market coverage has grown to include liquefied gases, lubricants, grains, container ships, and petrochemicals. Houlihan Lokey acted as financial advisor to ClipperData for this transaction.

Media Relations
Kpler

Arthur Chevreul
achevreul@kpler.com
+32 493 37 42 34


Good Advice PR

Dima Vasilenco
kpler@goodadvice.agency
+44 7447 003642


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