FactSet announced on February 10, 2025, the acquisition of LiquidityBook for a gross purchase price of $246.5 million in cash. The transaction closed on February 7, 2025, and was funded by borrowings under FactSet’s existing revolving credit facility.
LiquidityBook provides cloud-native trading solutions, including Order Management System (OMS) and Investment Book of Record (IBOR) capabilities, to hedge funds, asset and wealth managers, and sell-side clients. This acquisition builds on a successful partnership between the two companies.
The integration of LiquidityBook's modern and scalable solutions with FactSet's existing research, execution management, and analytics offerings aims to streamline workflows across the entire portfolio lifecycle. FactSet expects the transaction to be modestly dilutive to its fiscal 2025 GAAP and adjusted diluted EPS.
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