Baring PE Asia bets on Clarivate's Asia growth

The execution of a carve-out from a multinational company can often be tricky. 

But private equity firms Baring Private Equity Asia and Onex are quickly managing to establish their $3.55 billion leveraged buyout of Intellectual Property Science IPS from Thomson Reuters as a standalone entity.

They closed the deal on October 3 and renamed the company Clarivate Analytics. The funds also named David Liu, who was previously head of China at Thomson Reuters, as the firm’s new head of Asia helping them accelerate a sales push in the region.

These moves will help the new firm overcome the challenge of realising cost...