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MackeyRMS and InsiderScore announce strategic merger

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MackeyRMS, a provider of SaaS-based research management software, and InsiderScore, a provider of actionable data and analytics on publicly traded US companies, have announced a strategic merger to create a ‘best-of-breed’ investment and research management data, analytics, and software platform.

Facilitated by Resurgens Technology Partners, MackeyRMS’ private equity partner, this strategic merger aims to address growing market demand among traditional and alternative investment organisations for a platform solution combining investment and research management data, analytics, and software.

MackeyRMS provides a cloud-based research management platform, while InsiderScore is specialist in delivering data and analytics on corporate, financial, and regulatory filings for publicly traded companies in the US. Together, these two highly complementary product offerings deliver a suite of data, analytics, and software solutions for investment teams conducting fundamental research for actively managed client portfolios.

“We are delighted to join forces with InsiderScore to build the essential one-stop, end-to-end research platform supporting the fundamental investment research process,” says Chris Mackey, founder and CEO, MackeyRMS. “And while we will continue to fully support the individual needs of both InsiderScore and MackeyRMS clients, the combined platform we’re building will empower modern investment teams to do their best work.”

According to Rusty Szurek, founder and CEO, InsiderScore, the merger was driven by the two companies’ complementary product portfolios, their focus on the same target market and client segments, the opportunity to increase the value proposition for the companies’ shared clients, and the opportunity to deliver added value to non-mutual clients.

“We are excited about the natural synergies our teams and offerings already have and the added value our combined company will deliver to the investment management community,” said Szurek. “Our combined company will have greater technical resources, deeper domain expertise, broader capabilities, and better positioning to drive product innovation.”

Keefe, Bruyette & Woods, a Stifel company, served as exclusive financial advisor to InsiderScore. Financial terms of the transaction have not been disclosed.

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