FactSet to Acquire Irwin
FactSet (NYSE: FDS | NASDAQ: FDS) announced the acquisition of Irwin, a Toronto-based investor relations and capital markets solution provider. The deal builds upon their existing partnership that integrates Irwin's IR CRM with FactSet Workstation. Founded in 2017, Irwin offers a modern investor relationship management platform combining intuitive design and workflow automation. The acquisition is expected to close during FactSet's first quarter fiscal 2025 and is not anticipated to materially impact FactSet's fiscal 2025 results. The integration aims to provide IR professionals with a unified solution for investor engagement, research, and corporate access.
FactSet (NYSE: FDS | NASDAQ: FDS) ha annunciato l'acquisizione di Irwin, un fornitore di soluzioni per le relazioni con gli investitori e i mercati di capitali con sede a Toronto. L'accordo si basa sulla loro partnership esistente che integra il CRM IR di Irwin con il FactSet Workstation. Fondata nel 2017, Irwin offre una moderna piattaforma di gestione delle relazioni con gli investitori, combinando un design intuitivo e l'automazione dei flussi di lavoro. Si prevede che l'acquisizione si chiuderà durante il primo trimestre dell'anno fiscale 2025 di FactSet e non si anticipa che avrà un impatto significativo sui risultati fiscali 2025 di FactSet. L'integrazione mira a fornire ai professionisti IR una soluzione unificata per il coinvolgimento degli investitori, la ricerca e l'accesso alle aziende.
FactSet (NYSE: FDS | NASDAQ: FDS) anunció la adquisición de Irwin, un proveedor de soluciones de relaciones con inversores y mercados de capitales con sede en Toronto. El acuerdo se basa en su asociación existente que integra el CRM de relaciones con inversores de Irwin con el FactSet Workstation. Fundada en 2017, Irwin ofrece una plataforma moderna de gestión de relaciones con inversores que combina un diseño intuitivo y automatización del flujo de trabajo. Se espera que la adquisición se complete durante el primer trimestre del año fiscal 2025 de FactSet y no se anticipa que tenga un impacto significativo en los resultados fiscales 2025 de FactSet. La integración tiene como objetivo proporcionar a los profesionales de relaciones con inversores una solución unificada para el compromiso con los inversores, la investigación y el acceso corporativo.
FactSet (NYSE: FDS | NASDAQ: FDS)는 토론토에 본사를 둔 투자자 관계 및 자본 시장 솔루션 제공업체인 Irwin의 인수를 발표했습니다. 이번 거래는 Irwin의 IR CRM과 FactSet Workstation을 통합하는 기존 파트너십을 기반으로 합니다. 2017년에 설립된 Irwin은 직관적인 디자인과 작업 흐름 자동화를 결합한 현대적인 투자자 관계 관리 플랫폼을 제공합니다. 인수는 FactSet의 2025 회계 연도 첫 분기 동안 완료될 것으로 예상되며, FactSet의 2025 회계 결과에 실질적인 영향을 미치지 않을 것으로 보입니다. 통합의 목표는 IR 전문가에게 투자자 참여, 연구 및 기업 접근을 위한 통합 솔루션을 제공하는 것입니다.
FactSet (NYSE: FDS | NASDAQ: FDS) a annoncé l'acquisition de Irwin, un fournisseur de solutions en relations investisseurs et marchés de capitaux basé à Toronto. Cet accord s'appuie sur leur partenariat existant intégrant le CRM IR d'Irwin avec la FactSet Workstation. Fondée en 2017, Irwin propose une plateforme moderne de gestion des relations avec les investisseurs combinant un design intuitif et l'automatisation des flux de travail. L'acquisition devrait être finalisée au cours du premier trimestre de l'exercice fiscal 2025 de FactSet et ne devrait pas avoir d'impact significatif sur les résultats fiscaux 2025 de FactSet. L'intégration vise à fournir aux professionnels IR une solution unifiée pour l'engagement des investisseurs, la recherche et l'accès aux entreprises.
FactSet (NYSE: FDS | NASDAQ: FDS) gab die Übernahme von Irwin bekannt, einem in Toronto ansässigen Anbieter von Investor Relations und Kapitalmarktlösungen. Die Vereinbarung baut auf ihrer bestehenden Partnerschaft auf, die Irwins IR-CRM mit der FactSet Workstation integriert. Irwin, 2017 gegründet, bietet eine moderne Plattform für das Management von Investorenbeziehungen, die intuitives Design und Arbeitsablaufautomatisierung kombiniert. Die Übernahme soll im ersten Quartal des fiskalischen Jahres 2025 von FactSet abgeschlossen werden und es wird nicht erwartet, dass sie die Ergebnisse von FactSet im fiskalischen Jahr 2025 wesentlich beeinflusst. Ziel der Integration ist es, IR-Fachleuten eine einheitliche Lösung für Investoreneinbindung, Forschung und Unternehmenszugang zu bieten.
- Strategic expansion into IR solutions market through acquisition
- Integration of existing successful partnership
- Enhanced product offering combining FactSet's market data with Irwin's IR CRM
- None.
Insights
The acquisition of Irwin represents a strategic move to strengthen FactSet's position in the investor relations technology space. While the financial terms weren't disclosed, the deal appears strategically sound as it builds upon an existing successful partnership and enhances FactSet's enterprise value proposition. The integration will create a comprehensive IR solution combining FactSet's market data with Irwin's CRM capabilities.
The deal's timing aligns with increasing demand for sophisticated IR tools as public companies seek better ways to manage investor relationships. The acquisition's immaterial impact on FY2025 results suggests a relatively modest purchase price, likely funded through existing resources. This bolt-on acquisition follows FactSet's pattern of strategic, capability-enhancing purchases that expand its product suite and recurring revenue base.
This acquisition strengthens FactSet's competitive position in the IR solutions market, where it faces competition from providers like Q4, IR Magazine and Nasdaq IR Insight. By integrating Irwin's modern IR platform, FactSet can offer a more compelling end-to-end solution that differentiates it from competitors. The deal particularly enhances FactSet's ability to serve small and mid-cap companies, where Irwin has built a strong presence since its 2017 founding.
The merger creates cross-selling opportunities within FactSet's existing client base while potentially attracting new corporate clients through an enhanced value proposition. The integration of Irwin's automation and analytics capabilities with FactSet's comprehensive market data should drive operational efficiencies for IR professionals.
Integrating investor engagement into FactSet’s research workflows for an end-to-end IR solution
NORWALK, Conn., Oct. 28, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced it has agreed to acquire Irwin, an investor relations and capital markets solution for innovative public companies and their advisors.
The acquisition builds on a recent successful partnership that integrates Irwin’s award-winning investor relations (IR) CRM with the FactSet Workstation to equip IR professionals with a unified solution to manage investor engagement, conduct research, and streamline corporate access on a single platform.
“Now, more than ever, it’s essential for corporate issuers and their IR teams to increase engagement and stay connected to the investment community,” said Kristina Karnovsky, Executive Vice President, Head of Dealmakers & Wealth Solutions, FactSet. “Irwin’s talented team has built an innovative, highly effective way to manage investor relations. Together, Irwin and FactSet will continue to deliver exceptional value to our corporate clients, enhancing our ability to support the critical workflows of investor relations officers while providing them access to the most comprehensive capital markets insights and data.”
Founded in 2017 and based in Toronto, Canada, Irwin is a modern investor relationship management platform that streamlines investor relations by connecting people, data, and insights into one platform. Its suite of tools combines intuitive design and workflow automation with actionable insight to power workflows that IR professionals rely on daily, from investor targeting and shareholder monitoring, to relationship management and engagement analytics.
“We are delighted to join FactSet and accelerate our shared vision of bringing greater efficiency and transparency to the global capital markets by seamlessly connecting issuers to investors,” said David Whyte, Co-Founder and CEO, Irwin. “Clients are at the heart of both Irwin and FactSet. Further uniting our solutions will empower IR professionals with the necessary tools and insights to strengthen their investor engagement, communication, and trust.”
“We are excited to build a unified solution that combines Irwin’s best-in-class investor relations CRM with FactSet’s industry-leading market data and analytics—both of which are increasingly necessary for every public company,” said Mark Fasken, Co-Founder and COO, Irwin. “Given our common mission, successful partnership, and strong cultural fit with FactSet, we are confident this next step of combining our efforts will amplify Irwin’s ability to enhance the investor relations workflow.”
This acquisition represents FactSet’s commitment to expand its offerings for IR and corporate professionals, aligned with the Company’s strategy to provide comprehensive solutions across the financial services industry. The transaction is expected to close during FactSet’s first quarter fiscal 2025 and is not expected to have a material impact on FactSet’s fiscal 2025 results.
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 216,000 individual users. Clients across the buy-side and sell-side as well as wealth managers, private equity firms, and corporations achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized amongst the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn.
About Irwin
Irwin empowers IR professionals with the market's only purpose-built investor relations and capital markets platform. Our solutions integrate precise data and intelligent automation to streamline how teams discover and connect with investors, monitor shareholder changes, and manage every interaction. By centralizing data and eliminating administrative tasks, Irwin frees IR teams to focus on strategic engagement and relationship building. Founded and headquartered in Toronto, Canada, Irwin serves a global community of public companies and their advisors who rely on our solutions to manage and enhance their investor relations programs. For more information, visit https://www.getirwin.com/ or follow us on LinkedIn.
FactSet
Investor Relations:
investor_relations@factset.com
Media Relations:
Megan Kovach
+1.512.736.2795
megan.kovach@factset.com
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