# Wood Mackenzie

Wood Mackenzie Limited, also known as WoodMac, is a global provider of data and analytics for the energy transition. Wood Mackenzie’s services include data, analytics, insight, events and consultancy across the renewables, energy and natural resources sectors.
In 2015, the company was acquired by Verisk Analytics, an American data analytics and risk assessment firm, in a deal valued at $2.8 billion. The company was taken private by private-equity firm Veritas Capital in 2023, in a deal valued at $3.1 billion.

## History

Originally founded in Edinburgh and also headquartered in Edinburgh, it has over 30 offices worldwide. Originally established as stockbroker in 1923, the company's energy business was launched in 1973, when it started reviewing the North Sea oilfields. Between 2007 and 2014, Wood Mackenzie acquired coal specialists Hill & Associates in the US, Barlow Jonker in Australia, and Brook Hunt, the UK-based metals analysts.
Since 2015 a host of companies have become part of Wood Mackenzie including PSG, a petroleum database service; PCI, the specialist chemicals analysis group; Greentech Media, providing analysis of the solar market; MAKE, providing analysis of global wind power; Roskill a global metals and mining research firm that focused on the materials crucial for the energy transition; Infield Systems And PowerAdvocate with its unique cost and supply chain analytics.

### Detailed history:

1973: North Sea Service, Wood Mackenzie's first industry research offering, was launched
1986: Wood Mackenzie purchased by Hill Samuel, the UK merchant bank
1987: Hill Samuel was acquired by TSB and sold Wood Mackenzie to County NatWest
1997: NatWest sold its European equities business, including Wood Mackenzie, to Bankers Trust
1999: Bankers Trust (including Wood Mackenzie) purchased by Deutsche Bank
2001: Management and employee buy-out from Deutsche Bank backed by the Bank of Scotland
2005: Refinancing deal, involving Candover Partners acquiring equity through the exit of Bank of Scotland
2007: Creation of coal team via acquisitions of Hill & Associates and Barlow Jonker. Divestment of Life Sciences division
2008: Creation of metals team via acquisition of Brook Hunt
2009: Refinancing deal, involving Charterhouse Capital Partners acquiring the majority equity stake in the business through the exit of Candover
2010: Acquisition of PetroPlan Refinery Model
2012: Refinancing deal, involving Hellman & Friedman acquiring majority shareholding whilst Charterhouse Capital Partners retained a minority stake.
2015: Acquisition of Deloitte's Petroleum Services Group (PSG), a specialised oil and gas information business including a database of Exploration & Production (E&P) information
2015: Acquisition of Wood Mackenzie by Verisk Analytics
2015: Acquisition of Infield Systems, an independent provider of business intelligence, analysis, and research to the oil, gas, and associated marine industries
2015: Acquisition of PCI Chemicals, a chemicals business that offers integrated data and subscriptions research in the chemicals, fibers, films, and plastics sectors
2016: Acquisition of Greentech Media, an information services provider for the electricity and renewables sector
2017: Acquisition of MAKE providing knowledge of the global onshore and offshore wind power market
2019: Acquisition of Genscape, a global provider of real-time data and intelligence for commodity and energy markets, by Verisk becoming part of Wood Mackenzie to enhance its leading research and consultancy across the natural resources sectors
2022: Acquisition of Wood Mackenzie by Veritas Capital

## Leadership

* Jason Liu, Chief Executive Officer