FE, a Woking, UK-based data, analytics and software vendor focused on the UK and Australian retail investment funds markets, received an investment from Hg.
The investment will be made from the Mercury 2 Fund.
The amount of the deal – whose completion is subject to regulatory approval – was not disclosed.
Founded by Michael Holland and Craig Wilson and led by Neil Bradford, FE is a provider of investment data, research and software to the financial services industry in the UK and operates a proprietary database of complete retail funds data with global coverage and history, built up over 20 years. It is used by hundreds of thousands of investors, advisers, asset managers and platforms.