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New Deal


Announced

FE fundinfo to acquire Fundsquare from Luxembourg Stock Exchange.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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fund management

Friendly

Single Bidder

Cross Border

Asset Managers and Custodians

Majority

Private

Luxembourg

Acquisition

Pending

Synopsis

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FE fundinfo, a provider of investment fund data and technology, agreed to acquire Fundsquare, a fund management company, from Luxembourg Stock Exchange. Financial terms were not disclosed. The combination of Fundsquare’s and FE fundinfo’s services is a unique opportunity to combine two complementary businesses and create a pan-European champion in fund data, reporting and infrastructure.

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