FactSet to acquire Irwin from K1 Investment Management.

FactSet, a global financial digital platform and enterprise solutions provider, agreed to acquire Irwin, a provider of investor relations and capital markets software, from K1 Investment Management, an investor in small-cap enterprise software companies. Financial terms were not disclosed. "We are proud to have been David Whyte and Mark Fasken's lead institutional shareholder and to have partnered with them on Irwin's transformation of the IR landscape. Our focus at K1 is to be the largest investor in small, innovative, and rapidly growing software businesses globally, and helping build them into category leaders that transform their industries. The acquisition of Irwin by FactSet is a testament to the two co-founders, the platform they built and the strength of the partnership we had with them," Tarun Jain, K1 Principal.