FactSet to acquire Truvalue Labs.

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, agreed to acquire Truvalue Labs, a pioneer in AI-driven environmental, social, and governance data. Financial terms were not disclosed. “Truvalue Labs provides detailed and actionable ESG scores backed by a credible body of academics. ESG funds have seen record inflows this year and client demand for valuable, up-to-date ESG signals is high. Combining Truvalue Lab’s offering with FactSet’s content and technology suite will add value across our businesses. We believe this acquisition will yield compelling results for both firms and our joint client bases," Phil Snow, FactSet CEO.