FactSet Inks $205M Deal For Data And Risk Management Firm

Law360, New York (March 20, 2017, 3:21 PM EDT) -- Connecticut-based financial information and data analytics service provider FactSet Research Systems Inc. bought an asset management data and risk management software firm from its private equity owner Aquiline Capital Partners on Monday in a deal valued at $205.2 million.

The deal for Bisam Technologies SA comes nearly five years after the private equity firm became a majority owner in the company. FactSet said the cash purchase will help complement its portfolio analytics and client reporting services, according to a statement.

In addition, it will bolster risk...
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