(Crrects paragraph 5 in October 15 story to say

BlackRock-Preqin deal was valued at $3.2 billion, not $3.5

billion)

Oct 15 (Reuters) - S&P Global ( SPGI ) has agreed to buy

private markets data provider With Intelligence, the company

said on Wednesday, as it looks to expand its products for the

fast-growing segment of financial services.

Private markets are seeing increased investor interest as

years of higher interest rates and muted exits have pressured

private valuations at a time when industry executives are

concerned about asset price bubbles in public markets.

Insights into pricing and comparables for private assets

have become valuable because of the historical opacity around

such investments.

The trend has drawn BlackRock, with the world's

largest asset manager spending $12.5 billion to buy Global

Infrastructure Partners last year.

It also spent $3.2 billion for private markets data provider

Preqin in February and $12 billion for private credit firm HPS

Investment Partners in July.

Private markets also received a boost from U.S. President

Donald Trump's executive order in August, aiming to ease access

to nontraditional assets like private equity and private credit

in 401(k) plans.

Founded in 1998, With provides data and analytics for

alternative and private markets to around 3,000 customers

globally.

It is expected to generate around $130 million in revenue in

2025, with annual contract value growth expected in the high

teens.

The deal is set to close in 2025, or early 2026, and is

expected to be add to the company's adjusted profit per share in

2027, S&P Global ( SPGI ) said.

Citi advised S&P Global ( SPGI ), while Centerview Partners was the

financial advisor for With.

(Reporting by Ateev Bhandari in Bengaluru; Editing by Arun

Koyyur)