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New Deal


Announced

Completed

FactSet completed the acquisition of Cobalt Software.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Completed

Majority

Single Bidder

Private

FinTech

Friendly

United States

portfolio monitoring solutions

Acquisition

Synopsis

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FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, completed the acquisition of Cobalt Software, a portfolio monitoring solutions provider. Financial terms were not disclosed. "FactSet and Cobalt share an unparalleled commitment to public service and we are delighted to be joining forces. There is a large and growing opportunity to offer integrated workflow, data and analytics to the PE/VC industry. By combining our capabilities, we will be optimally positioned to capitalize on the increasing demand for these solutions and deliver even more value to clients," Jason Weinstein, Cobalt CEO.

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