£38m London data analytics specialist acquires Vienna counterpart as new “best-in-class” service launches

London based data analytics specialist Kpler has acquired JBC Energy, a Vienna based counterpart specialising 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.

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, commented: “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, 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.

Kpler’s CEO François Cazor added: “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 (approximately £37.75m) ARR in 2022.

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