AP NEWS

Investment Metrics and InvestorForce Announce Merger

July 30, 2018

DARIEN, Conn. & CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Jul 30, 2018--Investment Metrics and InvestorForce, two leading providers of investment analytics and reporting solutions for the global institutional investment industry, are merging to further focus on the dynamic and increasingly complex needs of investment consultants, wealth managers and investment managers. Resurgens Technology Partners has entered into a definitive agreement to acquire InvestorForce from MSCI Inc. (NYSE: MSCI), and will merge it with its portfolio company, Investment Metrics. The transaction is expected to close within the next three months, subject to customary closing conditions. Terms of the deal were not disclosed.

The merger enables the combined entity to provide best-in-class investment tools for performance analysis, investment reporting, investment policy statements, peer benchmarking and competitive insights, leveraging the unique and substantial data assets of the combined company. The newly combined company will have clients with approximately $10 trillion in assets under advisement (AUA) running on the platform. This will provide unprecedented insights into global industry-wide asset allocation trends, performance benchmarks, asset flows, plan sponsor and style universe performance, empowering its clients to make more informed investment decisions. In addition, with the resources and development capabilities of the combined entity, the merger enables the firm to strengthen its commitment to solving the many other evolving challenges facing the institutional investment industry, including data aggregation, reconciliation, and the need to produce rich analytical and reporting output.

The Investment Metrics and InvestorForce teams have over forty years of combined institutional investment technology industry expertise. The combined company’s clients include industry leaders such as Aon Hewitt, Mercer, Morgan Stanley, Pension Consulting Alliance, RVK and Segal Marco Advisors, among many others.

The company, which will operate under the Investment Metrics name, will continue to support both the Investment Metrics and InvestorForce software, data and service offerings.

Sanjoy Chatterjee, Founder & President of Investment Metrics, said, “The merger of Investment Metrics and InvestorForce is a logical next step for our clients, employees and the industry. In this changing market where investors are demanding more from their investment solutions, we are confident that our expanded unique data offering, paired with the best in class analytics and reporting solutions, will uncover further opportunities and increase efficiencies for our clients. Together, we will further enhance our existing relationships and build new alliances with the industry’s leading investment consultants, wealth managers, asset owners, trusts, OCIOs and players within the alternatives space.”

Blake McLaughlin, Executive Director, Head of Product Management of InvestorForce, said, “We are pleased to be joining forces with Investment Metrics. The combined company is committed to finding the balance between continuity and growth, from maintaining a disciplined focus on the challenges our clients face today while partnering with them to envision, design, develop and launch next generation data solutions, flexible workflows, powerful analytics and intuitive report output.” McLaughlin continued, “We very much look forward to the exciting things ahead for our clients.”

John Baumstark, Managing Director of Resurgens Technology Partners, said, “This is a major milestone for the institutional investment community. We are excited to support the combination of these two great companies. This merger enhances our ability to support the growing needs of our clients, leverage the talents of the two teams, provide our clients with an expanded and unique dataset and more rapidly address the market’s evolving requirements.”

For more information about the merger, please visit www.invmetrics.com/investorforce.

About Investment Metrics

Investment Metrics is a leading provider of investment performance analytics and reporting solutions for institutional investment consultants, asset managers and private wealth advisors. Our platform enables the world’s leading investment professionals to analyze and report on over $6.5 trillion of assets under advisement with accuracy and efficiency. Our solutions include PARis (performance analytics and reporting), InvestWorks (manager research and due-diligence), EQuest (manager data portal), RaaS (outsourced investment reporting services) and InterSec Research (market intelligence). For more information, please visit www.invmetrics.com.

About InvestorForce

InvestorForce is a premier provider of performance reporting solutions to the institutional investment community, providing investment consultants with an integrated solution for daily monitoring, analysis and reporting on institutional assets. InvestorForce’s technology leverages automated data collection to provide institutional investment consultants and their institutional investor clients with greater operational efficiencies and real-time insight, transparency and deeper analysis into investment portfolios. The InvestorForce platform is used by institutional investment consultants to report on over $3.5 trillion of assets for over 9,000 institutional plans.

About Resurgens Technology Partners

Resurgens Technology Partners is an Atlanta-based private equity investor focused on partnering with software and technology-enabled businesses located throughout North America. The firm is a true partnership of experienced investors and operators, uniquely committed to delivering exceptional operating support to our growing portfolio of enterprise technology businesses. The Resurgens founders have worked with and for some of the most highly regarded private equity firms in the industry and are building an entrepreneurial and differentiated investment firm with an “operator first” mindset. For more information, please visit  www.resurgenstech.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005372/en/

CONTACT: Media:

BackBay Communications

Caroline Collins, 617-963-0065

caroline.collins@backbaycommunications.com

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT PENNSYLVANIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE PROFESSIONAL SERVICES BANKING CONSULTING FINANCE

SOURCE: Investment Metrics

Copyright Business Wire 2018.

PUB: 07/30/2018 08:30 AM/DISC: 07/30/2018 08:31 AM

http://www.businesswire.com/news/home/20180730005372/en

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