M&A Deal Summary

RIMES Acquires Matrix IDM

On October 27, 2021, RIMES acquired software company Matrix IDM

Acquisition Highlights
  • This is RIMES’s 1st transaction in the Software sector.
  • This is RIMES’s 1st transaction in Australia.

M&A Deal Summary

Date 2021-10-27
Target Matrix IDM
Sector Software
Buyer(s) RIMES
Deal Type Add-on Acquisition

Target

Matrix IDM

Sydney, Australia
Matrix IDM provides investment data management software to the global asset owner and fund management community. Matrix IDM solves the most difficult data challenges facing the industry today. With over half a trillion of AUM now managed on the platform, a growing number of asset owners, pension plans, fund managers and insurance companies rely on Matrix IDM to solve their complex investment, exposure and data management challenges.

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Buyer(S) 1

Buyer

RIMES

New York, New York, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

RIMES is a provider of managed data services and regulatory solutions for the buy side. RIMES is a pioneer provider of cloud-based technology that delivers highly customized financial data over the Internet. RIMES was founded in 1996 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Australia M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-05 EBR Analytics

London, United Kingdom

EBR Analytics delivers a time-saving and cost-effective solution to Financial Organisations to track authorized and pending Benchmark Administrators, population changes, and a complete inventory of authorized Benchmarks available to use, all on a daily basis. EBR Analytics is based in London, United Kingdom.

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