Announced
Completed
Financials
Sources
Tags
investment management services
Asset Managers and Custodians
Domestic
United Kingdom
Acquisition
Friendly
Private
Completed
Majority
Single Bidder
Synopsis
Preqin, a data platform that provides access to private capital and hedge fund data sets and tools, completed the acquisition of Colmore, a provider of investment management services intended to serve the private capital markets. Financial terms were not disclosed. "It's a huge day for Colmore. We're delighted to announce our partnership with Preqin. Clients will get the best of our administration, monitoring and fee validation services, enhanced by Preqin's global private markets data. Clients will be able to see their invested fund information, together with wider industry data, all in one place. We're really excited about the future," Ben Cook, Colmore CEO.
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