– Headquartered in the UK, Vermilion is the market leader in client reporting software to the asset management industry
– The company offers an award-winning, comprehensive end-to-end client reporting solution that conducts mission critical activities for asset managers
– Employing over 70 people across three continents, Vermilion serves over 50 of the leading asset managers globally
– Founded in 1996, FactSet Research Systems Inc. (“FactSet”) provides integrated financial information and big data analytical applications for the global investment community
– The Company is dual listed on the New York Stock Exchange (“NYSE”) and the NASDAQ Stock Market (“NASDAQ”) under the symbol “FDS
– Strong clientele of over 65,000 users include portfolio managers, wealth managers, research and performance analysts, risk managers, sell-side equity research professionals, investment bankers, and fixed income professionals
– FactSet agreed to acquire the full outstanding share capital of the company
– Vermilion’s technology offers a unique value proposition that allows for deep platform integration and significant cross-sell to FactSet’s large and global client base of buyside institutions
– Through this acquisition, FactSet further enhances its client reporting capabilities and ability to deliver best-of-breed data and data analytics software
– Arma Partners was retained as the exclusive financial advisor following an RFP process with Vermilion’s management
– Arma actively supported the management for strategically positioning Vermilion’s growth story and financial plan and helping drive the process to successful completion
– Arma was instrumental in the selection of key global strategic operators
– The transaction illustrates Arma Partners’ excellence in achieving value-maximization, best-in-class transaction execution and its dominance in cross-border capital markets technology M&A