Goldenhill International M&A Advisors today announced that it acted as exclusive M&A advisor to CYMBA Technologies (“CYMBA”) in the sale of the company to FactSet Research Systems Inc. (“FactSet”), a leading technology company and provider of integrated financial information and analytical applications.
CYMBA was established in 2006 with the sole objective of delivering agile and functional business solutions to the Investment Management community. CYMBA’s Athena Investment Management Solution is a complete front office platform supporting Portfolio Management, Decision Support, Modelling, Order Management, Trading, Execution and Compliance.
Catering for the various sectors within Investment Management, CYMBA’s Global Client Base includes Asset Managers, Multi-Managers, Hedge Funds, Family Offices and Brokerage firms. CYMBA’s clients include a number of the world’s pre-eminent Investment Management institutions. Today, servicing this continuously growing Investment Management community, CYMBA’s clients successfully process transactions valued at trillions of US$ annually on the Athena IMS Platform.
CYMBA believes that this acquisition enables the further innovation of its core Athena IMS and Centurion products, expands support for the workflow of buy-side investment professionals, and allows for full integration of its compliance solutions with the FactSet suite of applications.
Commenting on the contribution of Goldenhill, JP Cunningham, Partner & Co-Founder of CYMBA said:
“We were pleased to work closely with Goldenhill during the last two years to position the company for sale, culminating in the sale process itself. We chose to work with Goldenhill because of their focus in the Fintech sector, their relevant business and transaction experience, and strong relationships with the key buyers in Fintech space which ultimately resulted in the successful transaction with FactSet, who we believe will provide an excellent platform for the next round of growth of the business and staff.”