A trio of funding teams are vying to purchase With Intelligence, a supplier of economic information to hedge funds.

Sky News understands that Motive Partners and Flexpoint Ford are competing in opposition to Cinven, the buyout agency, to amass the enterprise.

Final bids are because of be submitted on Wednesday, in response to insiders.

With Intelligence is owned by Intermediate Capital Group (ICG), and owns manufacturers together with Hedge Fund Alert, Eurekahedge and Pension Funds Online.

It is alleged to be projecting an annual revenue subsequent 12 months of about £25m.

The firm provides information to the asset administration business, an more and more profitable area of interest which has spawned a string of main companies lately.

Earlier this 12 months, With Intelligence was among the many bidders for elements of MJ Hudson, the stricken asset administration companies group.

ICG has owned the corporate since 2020, when it was often known as Pageant Media.

Houlihan Lokey, the funding financial institution, is dealing with the With Intelligence public sale.

ICG declined to remark.