MackeyRMS and InsiderScore Announce Strategic Merger

February 2, 2021 10:15 AM EST

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Merger creates best-of-breed data, analytics, and software platform for institutional investment teams conducting fundamental research for actively managed portfolios

BOSTON & PRINCETON, N.J.--(BUSINESS WIRE)-- MackeyRMS, a provider of SaaS-based research management software, and InsiderScore, a provider of actionable data and analytics on publicly traded U.S. companies, today announced a strategic merger to create a best-of-breed investment and research management data, analytics, and software platform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210202005269/en/

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

MackeyRMS is the industry’s best-in-class cloud-based research management platform, and InsiderScore is the market leader in delivering data and analytics on corporate, financial, and regulatory filings for publicly traded companies in the US. These two highly complementary product offerings deliver a powerful suite of data, analytics, and software solutions for investment teams conducting fundamental research for actively managed client portfolios.

Together, MackeyRMS and InsiderScore are uniquely positioned to deliver investment organizations with a platform solution that provides actionable investment insights, improves individual analyst productivity, tightens investment team collaboration, and increases operational and organizational efficiency and control over investment IP.

“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,” said 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 will not be disclosed.

About MackeyRMS

MackeyRMS is a leading provider of SaaS-based research management software engineered to optimize the way analysts and portfolio managers generate, share, debate, and act on investment research conducted for actively managed portfolios. Relied upon as a single system of record for research supporting the fundamental investment process, MackeyRMS is used by many of the world’s leading investment managers to organize key investment workflows, engender trust from investors, and streamline regulatory and compliance oversight. MackeyRMS is a trusted partner to institutional investors across the Americas, EMEA, and APAC regions. The company is headquartered in Boston, MA, with offices in New York, London, and Sydney. For more information, visit www.mackeyrms.com.

About InsiderScore

InsiderScore is the leading provider of actionable intelligence on insider transactions, stock buybacks, management changes, and institutional holdings to the institutional investment community. Founded in 2004, InsiderScore offers advanced expertise in transforming unstructured public company SEC forms and filings data into actionable intelligence for active institutional investors. InsiderScore is headquartered in Princeton, NJ, with additional offices in Seattle and Boston. The company serves hundreds of U.S. hedge funds and asset managers, with more than 30% of clients having tenure of ten years or more. For more information, visit www.insiderscore.com.

About Resurgens Technology Partners

Resurgens Technology Partners is an Atlanta-based private equity firm focused on investing its $200 million fund in North American-based, lower middle-market software and tech-enabled services businesses. The Resurgens founders and broader team includes professionals with significant investment and operating experience in the tech private equity industry. The firm is building an operating and portfolio management model that is differentiated in its market segment and will help drive value to its portfolio companies. To learn more about Resurgens and its investment strategy, visit www.resurgenstech.com.

Media Contact
James Tolve
Forefront Communications Group for MackeyRMS and InsiderScore
jtolve@forefrontcomms.com
631.875.5984

Media Contact
Allie Gamble
MiddleMCreative
For Resurgens Technology Partners
allie@middlemcreative.com
704.780.4359

Source: MackeyRMS



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