FTV Capital-backed Zema buys Morningstar Commodity Data

• Vancouver-based Zema is a provider of enterprise data management and analytics solutions for the commodities and energy sectors
• Kirkland & Ellis, KPMG, Oliver Wyman and DA Davidson advised FTV Capital and ZEMA on the transaction
• FTV Capital focuses on the enterprise technology and services and financial technology and services sectors

Zema Global Data Corporation, backed by FTV Capital, has agreed to acquire Morningstar Commodity Data, a Chicago-based data and insights provider for commodities and energy. No financial terms were disclosed.

The transaction is expected to be completed later this month.

Vancouver-based Zema is a provider of enterprise data management and analytics solutions for the commodities and energy sectors.

“The addition of Morningstar Commodity Data will enhance Zema’s capabilities by combining two diversified and highly complementary businesses,” Robert Anderson, partner at FTV Capital and member of Zema’s board of directors, said in a statement.

Kirkland & Ellis, KPMG, Oliver Wyman and DA Davidson advised FTV Capital and Zema on the transaction.

Headquartered in San Francisco, FTV Capital focuses on enterprise technology and services, and financial technology and services.