Announced
Completed
Synopsis
TMX Group, a Canadian financial services company, completed the acquisition of Verity, a buy-side investment research management system, data, and analytics provider, from Resurgens Technology Partners, a tech-focused private equity firm. Financial terms were not disclosed. "The addition of Verity strengthens our ability to serve a growing global client base, including the world's top investment firms, by helping them to optimize and act on their most valuable asset - their intellectual capital - while enriching workflows with best practices and continuous innovation. Verity brings dynamic new financial data and proprietary analytics, including insider activity, buybacks, executive compensation, institutional holdings, and proven financial industry experts to our team. Together, we look forward to introducing these exciting new capabilities to more than 5k TMX Datalinx clients around the world," Michelle Tran, TMX President of Datalinx.
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