Our Portfolio

IRI

$15m
TOTAL INVESTMENT
IRI provides big data and predictive analytics
Key stats
Region North America
Date invested December 2018
Sector Technology
Underlying manager New Mountain Capital

IRI provides data, predictive analytics and insights to some of the world’s leading consumer goods manufacturers, retailers, healthcare and media companies, such as Pepsi, Nestlé and Unilever. IRI’s services help them to market, grow their businesses and take critical business decisions. It provides most of its services through an industry leading technology platform, IRI Liquid Data.

IRI’s software allows its clients to closely track purchasing trends. This in turn helps clients understand the changes in consumer and shopper behaviour across categories, brands, channels and retailers. IRI offers solutions to help its clients successfully determine how to best handle areas such as promotions, out-of-stock items, pricing and assortment to meet the changing needs of consumers.

IRI was originally acquired by New Mountain in 2011. It partially realised its investment in the company from its third fund in 2018. ICG Enterprise was invited to participate alongside a consortium of other institutional investors. New Mountain continues to be the largest shareholder in the company and is actively involved in guiding its operations and strategy. We were attracted by New Mountain’s historical success investing in the company, coupled with its experience of investing in similar businesses. IRI is a good example of a defensive growth business: the ‘mission critical’ nature of its offering meant that it has historically traded well through periods of economic volatility.

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Share price (ICGT)

786p
-16.00P (-2.00%)
11:40PM 9 Aug 2020
The share price information is delayed by at least 15 minutes

Net Asset Value

1,100p
As of 30 April 2020
Next update: October 2020 – Q2 results
Year Net assets NAV per share Share price Dividends per share
Jan 2020 £794m 1,152p 966p 23p
Jan 2019 £731m 1,057p 822p 22p
Jan 2018 £664m 959p 818p 21p
Jan 2017 £613m 871p 698p 20p
Jan 2016 £521m 731p 545p 11p
Jan 2015 £507m 695p 575p 15.5p
Jan 2014 £494m 677p 563p 15.5p
Jan 2013 £460m 631p 487p 5p
Jan 2012 £415m 569p 357p 5p
Jan 2011 £389m 534p 308p 2.25p
Dec 2009 £338m 464p 305p 2.25p
Dec 2008 £327m 449p 187p 4.5p

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