Deal Details

BuzzWord Is Acquired by Anthesis

Technology & Services

BuzzWord, a division of BuildRI, sale to Anthesis, a portfolio company of Carlyle

Summary

BuzzWord, Inc. (“BuzzWord” or the “Company”), a division of BuildRI, recently announced its sale to Anthesis Group (“Anthesis”), a portfolio company of Carlyle. Terms of the transaction were not disclosed.

Baird served as the exclusive financial advisor to BuzzWord on this transaction.

About

Founded in 1999, BuzzWord helps its clients report on environmental and social performance. The Company assists clients with Environmental, Social and Governance (ESG) reporting, materiality assessments, gap analysis and disclosure strategies. BuzzWord has deep expertise on reporting frameworks including GRI, SASB, TCFD, UNGC and ISSB, as well as ESG raters such as MSCI, Sustainalytics, S&P and ISS. The Company provides guidance and actionable recommendations to help clients including American Airlines, Comcast, Marvell Technology and Paramount. Buzzword is headquartered in New York, New York.

BuildRI is a mission-driven organization providing a standardized Responsible Investment (RI) and ESG platform and ratings system to investment managers, asset owners and limited partners and lenders. BuildRI’s platform product, BuildRI, is the single source of trust for investment managers and their limited partners, helping to accelerate the flow of capital to managers and portfolio companies who prioritize responsible investment practices. BuildRI's affiliates have provided strategic reporting services to the world's leading organizations since 1999. BuildRI is headquartered in Providence, Rhode Island.

Founded in 2013, Anthesis offers science- and evidence-based advisory solutions, digital products and data solutions, carbon project development and offsetting solutions and purpose-led communications. The firm now employs roughly 1,300 specialists across 46 offices in 23 countries. Anthesis has completed 23 acquisitions since 2013. Anthesis is headquartered in London, United Kingdom.

Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $426 billion of assets under management as of December 31, 2023, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs nearly 2,200 people in 28 offices across four continents. Carlyle is headquartered in Washington, D.C.

Technology & Services

BuzzWord, a division of BuildRI, sale to Anthesis, a portfolio company of Carlyle