Investment Metrics, a Norwalk, Conn.-based provider of analytics, reporting, data, and benchmarking solutions for the institutional investment market, acquired Style Analytics, a London, UK and Boston, MA-based cloud-based SaaS platform that provides Investment Factor and ESG Exposure analysis for the institutional investment community worldwide.
The amount of the deal was not disclosed.
The addition of Style Analytics will enable Investment Metrics to extend its global presence with portfolio analytics solutions to serve its global base of investment consultants, asset managers, and asset owners. The combined organization will create a new industry standard for performance and attribution analysis, peer benchmarking, and straight-through reporting across all institutional asset pools.
Led by Chief Executive Officer Sebastien Roussotte, Style Analytics provides clients spanning across five continents with solutions for portfolio analysis, peer insights, and comparative fund analytics including simulations, using Factor and ESG exposures. With its visualization of portfolio analytics, the platform empowers investment consultants, asset managers, and asset owners to evaluate investment strategies and validate sources of alpha generation.
Led by Chief Executive Officer Brent Burns, Investment Metrics is a provider of investment analytics, reporting, data, and benchmarking solutions that empower institutional investment consultants, advisors, asset owners, and managers to make impactful investment decisions. Its solutions drive insights across 20K+ institutional asset pools, encompassing 500K portfolios with $10T+ in AUA.
The company is backed by Resurgens Technology Partners, a software-focused private equity firm, and HarbourVest Partners. Style Analytics was a portfolio company of Horizon Capital LLP, a London-based private equity firm that invests in high-growth technology and business services companies.