Analysis firm IHS Inc. completed its acquisition of pricing reporting agency Oil Price Information Service (OPIS), the firm said Feb. 11. The plan to acquire OPIS was announced Jan. 11 and closing occurred Feb. 10.
OPIS, the most complete source for U.S. refined petroleum pricing data, news and analytics for the downstream market, will remain based in Gaithersburg, Md.
OPIS employs 290 people and was previously owned by UCG, a privately held portfolio of business information, software and technology companies.
OPIS was represented by Centerview Partners in the IHS transaction.
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