FactSet Expands Market Reach with $246.5M LiquidityBook Acquisition
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FactSet has strategically acquired LiquidityBook, a move set to revolutionize financial trading platforms by seamlessly integrating advanced cloud-based trading solutions with FactSet's existing workflow. This transformative partnership promises to enhance operational efficiency and solidify FactSet's competitive edge in the rapidly evolving financial technology market.
LiquidityBook brings robust global broker-market connectivity capabilities, serving a diverse range of financial professionals including hedge funds, asset managers, and sell-side firms. The acquisition, which was finalized on February 7, was strategically funded through FactSet's existing revolving loan facility.
While the deal is anticipated to have a modest dilutive impact on FactSet's adjusted earnings per share in 2025, the long-term strategic benefits are expected to outweigh the short-term financial considerations. By combining LiquidityBook's innovative trading technologies with FactSet's comprehensive financial platforms, the company is positioning itself for significant growth and enhanced market responsiveness.