Goldenhill International M&A Advisors today announced that it acted as advisor to Lyceum Capital (“Lyceum”) in the management buyout of Style Research, the leading independent provider of global investment research and portfolio analysis applications. Lyceum is a growth investor that partners with entrepreneurial management teams and unlocks growth potential by providing capital, operations and development support and help with targeted acquisitions.
Founded in 1997, Style Research provides portfolio and market analysis services as well as research facilities for global institutional investment professionals, including asset owners, managers, advisors and consultants. The Company specializes in offering holdings-based style, structure, risk and performance analysis of investment portfolios and currently serves more than 300 blue-chip institutional clients around the world. The services are delivered on a SaaS-based platform that supports a range of devices.
Style Research has its headquarters in London and offices in Boston and Montreal. With subscription-based recurring revenues, an exceptional client retention rate and strong cash flow, the business has seen double-digit growth over recent years and is poised to continue its expansion with investment support from Lyceum. New capital will be used principally to fuel Style Research’s growth in the United Kingdom, North America, Europe and Asia and to fund new product development.
Commenting on the contribution of Goldenhill to the just completed transaction, Jeremy Hand, Lyceum’s Founding Partner said:
“we were pleased with the advice and assistance Goldenhill provided us in this transaction from its initiation through to completion. Their experience and expertise especially in financial technology was a valuable component in the success of this process and we look forward to continuing our working relationship with them”.