Asset International to Acquire FactSet’s Market Research Business

May 23, 2016

Genstar portfolio company Asset International has agreed to acquire Market Metrics and Matrix Solutions from FactSet.

On May 23, Willkie client Asset International, the premier source for authentic business intelligence and actionable insight for the asset management community, announced its agreement to acquire Market Metrics and Matrix Solutions from FactSet. The total purchase price is approximately $165 million.

Market Metrics and Matrix Solutions are leading data and research firms for advisor-sold investments and insurance worldwide. Following the acquisition, Asset International will be the one-stop shop for data and insights supporting product innovation, manufacturing, sales and distribution for the asset management and insurance communities, as well as providing market surveillance solutions and marketing channels for this community.

Willkie previously advised private equity firm Genstar Capital on its 2014 acquisition of Asset International.

The Willkie team advising on the current transaction was led by partners Jeffrey Poss and Manuel Miranda and included partners Jeffrey Goldfarb, Mark Holdsworth, Hillel Jacobson and Matthew Dean; counsel Kim Walker and Jeffrey Clancy; associates Katherine Lynch, Christopher Edwab, Rose Ohanesian, Sharon Mori, Meredith Levy, Antonio Laino, Sayjel Revell and Daniel Bumpus; and law clerk Preeta Reddy.