FactSet Research Systems Inc.
FactSet Acquires LiquidityBook for $246.5M to Enhance Trading Solutions
Summary
FactSet Research Systems Inc. announced the acquisition of LiquidityBook, a provider of cloud-native trading solutions, for $246.5 million in cash. The acquisition, which closed on February 7, 2025, aims to integrate LiquidityBook's order management and investment book of record capabilities with FactSet's existing platform, enhancing workflow efficiency for clients. The transaction was funded through borrowings under FactSet's revolving credit facility and is expected to be modestly dilutive to FactSet's fiscal 2025 earnings.
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About FactSet Research Systems Inc.
FactSet Research Systems Inc. is a leading provider of financial data and analytic applications for investment professionals across the globe. The primary function of this company is to deliver essential insight and information, helping analysts, portfolio managers, and financial advisors make informed investment decisions. FactSet’s comprehensive database covers a wide range of sectors including equities, fixed income, credit, and commodities, providing seamless access to real-time data, structured analysis tools, and advanced screening capabilities. Its innovative technology solutions cater to the unique needs of financial institutions such as asset managers, hedge funds, and investment bankers. FactSet is recognized for its ability to integrate various financial data feeds into one platform, enhancing productivity and efficiency in research workflows. This company plays a significant role in the financial market by enabling users to aggregate, monitor, and manage vast arrays of financial information, thereby supporting strategic decision-making processes. With its pledge to deliver exceptional client service, FactSet continues to be a pivotal resource for financial market professionals worldwide.
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