By on April 16, 2016

JD Power

J.D. Power and Associates is planning to put more of your possessions under the microscope, now that they’ve taken on new ownership in a deal worth $1.1 billion.

Best known for its vehicle quality ratings, J.D. Power, a unit of McGraw Hill Financial Inc., was snapped up yesterday by London-based XIO Group, according to Reuters (via Automotive News).

The investment firm muscled out a competing private equity firm to land the cash deal, which is expected to close in the third quarter of this year. XIO Group has a strong footprint in China, where it is linked to many high-powered investors. (Read More…)

Recent Comments

  • ToolGuy: Here is my take, which may be off by a factor of ~4. Visual aid: https://www.amazon.com/Harz...
  • rudiger: $29k? Whatever that guy’s smoking, it’s some good shit.
  • ToolGuy: I am curious about this (specifically whether we should include a square term when considering rotational...
  • Lou_BC: All one needs is a tool for removing stripped nuts.
  • Maxb49: I should have said Brock Yates/Tom McCahill.

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