STATPRO Group plc – Completion of ESG Research and Index Business Acquisition
1 July 2019
StatPro Group PLC
Completion of ESG research and index business acquisition
StatPro Group plc (AIM:SOG, “StatPro”, “the Group”), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, announces that it has completed the acquisition of the environmental, social and governance (“ESG”) research and index business unit (“ECPI”) from ECPI Group Srl. as announced on 12 June 2019. As a result, the initial cash consideration of €0.9 million (£0.8 million) was paid from existing debt facilities.
StatPro Group plc
Justin Wheatley, Chief Executive
Andrew Fabian, Finance Director
+44 (0) 20 8410 9876
Panmure Gordon – Nomad and Broker
Corporate Finance – Freddy Crossley / Fabien Holler
Corporate Broking – James Stearns
+44 (0) 20 7886 2500
Adrian Duffield / Kay Larsen / Chantal Woolcock
+44 (0) 20 7457 2020
StatPro Group (www.statpro.com) provides cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers.
The Group has 10 offices in Europe, North America, South Africa and Australia, servicing around 500 clients in 40 countries. It is organised into three divisions: Revolution, Source: StatPro and Infovest.
Revolution is a global provider of award-winning portfolio analytics solutions. The cloud-based platform offers vital analysis of portfolio performance, attribution, risk and compliance. Revolution helps clients reduce costs, improve client communication and control investment decisions.
Source: StatPro is a global market data business and provides Data-as-a-Service to Revolution to enable analytics. The division’s integrated and global data coverage includes millions of securities covering the full range of financial instruments and benchmarks.
Infovest, supplies data management solutions for the global asset management market, including data warehouse technology, ETL, compliance and reporting tools as well as portfolio management solutions.
StatPro Group plc shares are listed on AIM.
StatPro Group plc has acquired the environmental, social and governance (“ESG”) research and index business unit.
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