M&A Deal Summary

Confluence Acquires StatPro Group

On October 29, 2019, Confluence acquired internet software and services company StatPro Group for 161M GBP

Acquisition Highlights
  • This is Confluence’s 1st transaction in the Internet Software and Services sector.
  • This is Confluence’s 2nd largest (disclosed) transaction.
  • This is Confluence’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2019-10-29
Target StatPro Group
Sector Internet Software and Services
Buyer(s) Confluence
Deal Type Add-on Acquisition
Deal Value 161M GBP

Target

StatPro Group

London, United Kingdom
StatPro Group Plc is a cloud-based platform provides cloud-based portfolio analytics, asset data services, and data management tools for the global asset management industry and asset management service providers. The Group has 10 offices in Europe, North America, South Africa, and Australia, servicing 450+ clients in 37 countries. It is organized into three divisions: Revolution, Source: StatPro and Infovest. StatPro Group was founded in 1994 and is based in London, the United Kingdom.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Confluence

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1991
Sector Internet Software and Services
DESCRIPTION

Confluence is a financial services data management software platform that offers mission-critical regulatory, investor communications, and performance reporting solutions to the global asset management industry. Confluence is uniquely positioned as the only unified data-driven software platform that enables asset managers and global and regional fund administrators to automate various communications and reporting to shareholders and regulators. Confluence was founded in 1991 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 1 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Investment Metrics

Norwalk, Connecticut, United States

Investment Metrics is a provider of investment performance analytics and reporting solutions for institutional consultants, asset managers, and private wealth advisors. Built by institutional investment consultants for investment professionals, the company’s solutions include PARis (performance analytics and reporting), InvestWorks (manager search and due diligence), EQuest (manager data portal), peer universe data, outsourced reporting services and InterSec Research for market intelligence. The company's solutions enable investment professionals to analyze, measure, and report client portfolios in a highly insightful, accurate, and efficient manner. Investment Metrics was formed in 2010 and is based in Norwalk, Connecticut.

Buy $500M