Delphi Advisors exclusively advised FactSet Research Systems Inc (NYSE:FDS), a leading global intelligence and AI solutions provider to the financial markets, headquartered in Norwalk (CT), on the acquisition of Germany-based BCC Group International GmbH (BCCG).
BCCG is a privately held financial software development firm specialising in cloud-native and hybrid market data distribution platforms. The acquisition marks a milestone in the expansion of FactSet's Real-Time Solution Suite, strengthening its market data management capabilities. Combined with its premium Real-Time Consolidated Data Feeds, it helps firms meet the demands of a rapidly evolving capital markets landscape.
Delphi Advisors acted as exclusive financial advisor to FactSet throughout the entire process, including overall relationship building management with the sellers, financial assessment and valuation support, due diligence coordination, transaction and financial structuring and commercial support during contractual negotiations.
Delphi Advisors herewith successfully completed another transatlantic cross-border buy-side mandate enabling its North American listed client to achieve its strategic growth goals.
The transaction was led by Fabius Janssen, M&A Vice President.Read the press release here.