ION Group completed the $1.4bn acquisition of Acuris.

ION Group, a financial software and data business, into trading and cash management tools, data and analytics for capital markets, completed the $1.4bn acquisition of Acuris, a provider of business intelligence and research for fixed income, transactions, infrastructure, compliance and equities. As part of the Acuris deal, BC Partners retained a minority stake of 25% while Singapore’s GIC, which bought 30% in 2017 sold out. The deal will help boost BC Partners’ returns as it sets to raise a new flagship fund following troubled investments. "Acuris’ leading position in financial intelligence, data and analytics is highly complementary to ION's business. Together, ION and Acuris will continue to deliver innovative, differentiated intelligence and solutions to financial institutions and corporations. We are looking forward to partnering with BC Partners to support the company's growth and development," Andrea Pignataro, ION CEO and Founder.