Advised Nordic Capital on its acquisition of Macrobond, a leading provider of research systems and macroeconomic and financial time series
Aug 2018
  • Sector: Fintech, WealthTech & InsurTech; Data & Information
  • Deal Type: Founder-led Businesses; Private Equity Deals
  • Engagement type: Buyside
  • Size: <$200m

Arma Partners is pleased to announce that it has acted as financial advisor to Nordic Capital on its acquisition of Macrobond, one of the world‚ leading providers of research systems and macroeconomic and financial time series data from primary and third-party sources.

Founded in 2008, the company has developed a global and scalable SaaS application that offers an extensive database of macroeconomic and financial time series data coupled with powerful and dynamic analysis and charting tools.

Nordic Capital will support Macrobond‚ next period of growth and innovation to expand its next-generation product offerings and to further strengthen its leading position.

This transaction, together with the recent sales of FundAssist and NeoXam, further highlights Arma Partners‚ continued track record in leading successful FinTech deals.

-FundAssist is a leading provider of regulatory, marketing and sales solutions to the global investments industry

-Headquartered in Dublin, FundAssist serves a blue-chip customer base across Europe utilizing the same technology platform for all products and services

-Broadridge is a provider of investor communications and technology-driven solutions for the financial services industry worldwide

-Distributes proxy materials to investors in equity securities and mutual funds, as well as facilities related to vote processing services

-The company has 10,000+ employees, was founded in 1962 and is based in Lake Success, New York

-FundAssist will complement Broadridge’s governance and communications business by bringing a complete suite of capabilities in data management, analytics and digitized regulatory disclosures for global fund managers distributing in Europe

-FundAssist has unique competitive positioning across the buy side value chain, benefiting from growth as a result of MIFID II, with a track record of increasing wallet share of existing customers

-Arma worked closely with management to ensure a robust business model was in place, including highlighting strength of operational KPIs

-Arma developed a credible equity story alongside management, with messaging specifically tailored for the focused group of strategic parties included in the process

-Arma helped FundAssist navigate discussions with strategics and worked closely with management in negotiating directly with Broadridge