IHS Inc. announced it has acquired Documental Solutions LLC, a leading provider of market intelligence and analysis tools for the defense and aerospace industry, for $24.5 million in cash.

Documental Solutions provides market-leading analysis and decision-support tools for strategic planners, business developers and analysts within the defense and aerospace industry. Its flagship product, DS Forecast, is a visual, interactive and personalized market analysis solution that is backed by bottom-up market intelligence developed by highly experienced industry analysts, utilizing research from a vast array of sources to provide a powerful force-multiplier to their customers’ existing analytical and commercial operations.

DS Forecast provides 10-year forecasts for 19 global defense and aerospace markets based on thousands of individual product-level forecasts for existing programs and future opportunities.

Headquartered in Falls Church, Va., Documental Solutions enables its customers to spend more time and resources on analysis and decision-making rather than data gathering.

This acquisition was done at approximately 10 times forward EBITDA and first full-year operating margins are expected to approximate IHS overall margins. The company will be integrated with and managed through Jane’s Information Group – acquired by IHS in 2007 – as part of the IHS Security domain, and will be supported via regional commercial operations to provide extended market reach to support customers throughout the global defense community.

Satinder /ITvoir Network