Subscribe today and receive our latest industry updates and articles.

News

Confluence Inc to buy StatPro Group plc

Confluence Inc to buy StatPro Group plc

The boards of directors of Confluence and StatPro are pleased to announce they have reached agreement on the terms of a recommended all cash offer pursuant to which Bidco will acquire the entire issued and to be issued ordinary share capital of StatPro (the “Acquisition”).

read more
Confluence Inc to buy StatPro Group plc

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.

read more
Confluence Inc to buy StatPro Group plc

StatPro Group PLC – £1.5m Revolution conversion with 77% lift in annual subscription

StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has secured a conversion from its legacy StatPro Seven software to its cloud-based StatPro Revolution service with a large insurance company. This has resulted in a three-year contract with a minimum value of £1.5 million. This represents a 77% increase in annual subscription.

read more
Confluence Inc to buy StatPro Group plc

J.P. Morgan partners with StatPro to develop a multi-asset portfolio analytics solution for asset managers

StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, and J.P. Morgan Corporate & Investment Bank (NYSE: JPM) have today announced a strategic partnership with an initial term of five years between J.P. Morgan’s Data and Analytics business and StatPro to develop Risk and Performance Attribution capabilities for portfolio managers through J.P. Morgan’s flagship data and analytics platform.

read more
Confluence Inc to buy StatPro Group plc

StatPro Group PLC – StatPro acquires ESG research and index business

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, has acquired the environmental, social and governance (“ESG”) research and index business unit (“ECPI”) from ECPI Group Srl for a total estimated consideration (included deferred contingent consideration) of €2.9 million (£2.6 million) in cash.

read more