Houlihan Lokey Advises Weather Decision Technologies

Houlihan Lokey is pleased to announce that it has advised Weather Decision Technologies (WDT) on its sale to DTN. The transaction was announced on October 8, 2018.

WDT is the pre-eminent provider of SaaS weather risk communication and analytical tools to support business-critical decision-making. The company helps clients leverage weather information for profit and safety across the globe, providing hazardous weather detection, prediction, and decision analytics via APIs and GIS layers, as well as its leading platform, WeatherOps®. WDT is headquartered in Norman, Oklahoma.

DTN is the independent, trusted source of actionable insights for two million customers focused on feeding, protecting, and fueling the world. Customer-focused and employee-driven, DTN focuses on empowering customers worldwide with decision-support solutions in agriculture, energy, commodity and financial analytics, and weather-sensitive industries through continuous, leading-edge innovation. DTN is based in Minneapolis with offices globally.

Houlihan Lokey served as the exclusive financial advisor to WDT. This transaction highlights Houlihan Lokey's long-standing reputation as a premier advisor to the data and analytics sector. Recent Houlihan Lokey transactions in the space include the sale of FlightStats to RELX Group and the sale of 3Tier to Vaisala.*

*The sale of FlightStats to RELX Group and the sale of 3Tier to Vaisala were announced by Quayle Munro prior to its acquisition by Houlihan Lokey to establish the Data & Analytics Group.