Announced
Financials
Tags
United States
cloud-based software
Software
Pending
Acquisition
Majority
Private
Friendly
Domestic
software-as-a-service
Single Bidder
Private Equity
Synopsis
Resurgens Technology Partners-backed Investment Metrics, a provider of analytics, reporting, data, and benchmarking solutions for the institutional investment market, agreed to acquire Style Analytics, a cloud-based SaaS platform. Financial terms were not disclosed. “We believe our complementary solutions will bring significant value to our clients as they increasingly rely on analytics solutions to support their portfolio allocation decisions and as ESG exposure has become an important portfolio metric. Both companies share the same approach: we serve our clients by simplifying complex challenges associated with investment decisions, and together we will bring meaningful benefits on a global scale to our collective clients, partners, and other industry stakeholders,” Brent Burns, Investment Metrics Chief Executive Officer.
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