McGraw Hill Financial (NYSE: MHFI) announced that the Company will commence a process to explore strategic alternatives for J.D. Power, a global marketing information services company providing performance improvement, social media and customer satisfaction insights and solutions. In 2016, J.D. Power is currently estimated to have annual revenues approaching $350 million.
“With its iconic brand name, J.D. Power has a terrific market position and has prospered under the Company’s ownership,” said Douglas L. Peterson, President and Chief Executive Officer of McGraw Hill Financial. “However, going forward, we have increased our focus on capital and commodity markets and believe that J.D. Power could be more valuable to a company in the market research and consumer analytics space that could better leverage its capabilities.”
