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Announced

Completed

Five Arrows completed the acquisition of Rimes from EQT.

Synopsis

Five Arrows, the alternative assets arm of Rothschild & Co., completed the acquisition of Rimes, a provider of EDM -as-a-Service and investment platform solutions to the global investment community, from EQT, a private equity firm. Financial terms were not disclosed. "Rimes has been on a significant growth trajectory over the last few years, and I am really proud of what our team has achieved. Today, Rimes combines the customer-centric ethos and deep domain expertise that has differentiated us since 1996 with the industry's most modern technology and an innovative, comprehensive product offering designed to address the investment data challenges of the future. This transformation would not have been possible without the support of EQT and our Board, and I would like to thank them for the highly successful partnership. We look forward to joining forces with Five Arrows to build upon our strong momentum going forward," Brad Hunt, Rimes CEO.

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