Defaqto to acquire RSMR.

Defaqto, an independent financial products researcher and market intelligence provider, agreed to acquire RSMR, a fund rating agency. Financial terms were not disclosed. “Defaqto is rapidly expanding through a combination of organic growth and acquiring some of the most highly regarded businesses that have clear adjacencies in terms of capabilities and customers. RSMR is strategically important acquisition, adding industry expertise, insight and data that is complementary to Defaqto’s. We look forward to working with the talented team at RSMR to invest in the business and make it an even greater success in the future, enabling more people to make smarter financial decisions,” John Milliken, Defaqto CEO.