M&A
confidence high
sentiment neutral
materiality 0.75
FactSet acquires LiquidityBook for $246.5M cash, closed Feb 7
FACTSET RESEARCH SYSTEMS INC
- Gross purchase price $246.5M in cash; acquisition closed February 7, 2025.
- Funded by borrowings under FactSet's existing revolving credit facility.
- Expected to be modestly dilutive to FactSet's fiscal 2025 GAAP and adjusted diluted EPS.
- LiquidityBook provides cloud-native OMS/IBOR with FIX network to 200+ brokers and 1,600+ destinations.
- FactSet plans to integrate LiquidityBook OMS into FactSet Workstation for seamless front-to-middle office workflow.