IHS Inc. (NYSE: IHS) closed a $1.4 billion deal for R.L. Polk & Co., the owner of the Carfax service.
The deal was announced on June 10.
R.L Polk consists of Polk and Carfax, which provide market intelligence, tools and analytics, and vehicle history information, respectively.
Englewood, Colo.-based IHS provides information and analytics. The deal should allow the company to offer comprehensive information on vehicle ownerships and registration to automobile makers, parts suppliers and dealers.
Blank Rome LLP represented IHS on the deal.