Baringa Partners
Our Approach
- We offer advice on complex M&A and partnership transactions
- We are experienced in strategic negotiations and advising on overall transaction approach
- We bring deep sector insights, combining our expertise in Sustainability and Asset Management, particularly ESG-driven businesses
We employed these capabilities when we advised Baringa Partners on a new, long-term partnership with BlackRock and the sale of its Climate Change Scenario Model.
Sector
Energy Transition & Climate Change Financial Services Industrial Technologies & Services
Baringa Partners
BlackRock
Public or Private: Public
Client Position: Seller
- Company Profile
- Transaction Background
- What We Did
- Outcome
Baringa Partners is an independent business and technology consultancy which operates globally. The Climate Change Scenario Model is an industry-leading model utilising Baringa Partners’ capabilities and specialist experience in advising government, energy, and financial services clients on climate risk over the past 20 years. It assists clients with assessing climate risk and reallocating capital to achieve net zero emissions.
- Baringa developed a market-leading Climate Change Scenario Model currently used by clients with assets totalling more than $15 trillion
- Through its Aladdin platform, BlackRock seeks to set the standard for modelling the impacts of climate change for investors, banks and other clients, from which it generates significant licence revenues
- Established framework for partnership discussion, financial model, business plan, and valuation
- We negotiated a complex transaction to achieve a mutually beneficial relationship whereby:
- The Climate Change Scenario Model becomes Aladdin Climate
- Baringa and BlackRock will continue to develop the model together
- BlackRock licences Aladdin Climate
- Baringa provides consulting services to Aladdin Climate clients
- Both Baringa and BlackRock should derive significant strategic and financial benefit from the partnership, in a core strategic area of ESG