ATLANTA & BOSTON–(BUSINESS WIRE)–Resurgens Technology Partners, a software-focused private equity firm, today announced the sale of its portfolio company Verity to TMX Group. The acquisition enhances TMX Group’s client offering, strengthening its position in delivering global investment-grade data, insights, and investment workflow tools across equities, fixed income, and private assets.
Verity provides research management software along with enhanced data and analytics to more than 300 institutional investors worldwide. The company’s solutions help clients streamline investment research workflows, monitor portfolios and generate investment ideas.
“Joining TMX Group unlocks the next chapter for Verity, its products, and its global customer base,” said Andrew Robson, Verity CEO. “Verity has long been trusted by institutional investors who want to move from insight to action faster and with more confidence. As part of TMX Datalinx, we’re able to better deliver on that mission. I’m excited for our employees, our customers, and for the future ahead.”
Resurgens invested in MackeyRMS in 2019 and supported the strategic merger with InsiderScore in 2020. The combined business rebranded as Verity, bringing together powerful research management workflows with enhanced datasets and insights. During Resurgens’ ownership, Verity expanded into new strategic markets, grew its global customer base, and enhanced its product suite to meet evolving investor needs.
Solomon Partners served as exclusive financial advisor and DLA Piper served as legal counsel to Verity.
About Verity
Verity is a global provider of research management software, data and analytics delivered through a comprehensive platform to provide workflow, portfolio monitoring, and idea generation solutions to more than 300 institutional investors. For more information, visit https://verityplatform.com/.
About Resurgens Technology Partners
Resurgens Technology Partners is a tech-focused private equity firm investing in North American and select European lower middle-market application and infrastructure software businesses. Resurgens’ growing team offers a diversity of investing, operating and talent management experience and applies an active and engaged value creation approach with each portfolio company. Resurgens is headquartered in Atlanta with additional professionals located in Austin, Boston, and the Bay Area. For more information, please visit https://resurgenstech.com.
Contacts
Edward Lopez
Profile Advisors
E: [email protected]
