CAMRADATA, a provider of data and analysis for institutional investors, has acquired specialist publishing business, Funds Europe Limited – a move that will boost CAMRADATA’s research arm, expand its publishing capabilities and events business and extend its database reach into Europe.
The acquisition will be completed by 14 December 2017 and will see nine editorial, sales and administration staff transfer across and relocate to CAMRADATA’s Leadenhall Street offices in the City of London from their current office.
Funds Europe Limited will continue to be managed by Alan Chalmers, who co-founded the business in 2002, and it will be overseen by Sean Thompson (pictured), Managing Director, CAMRADATA.
Since its launch, Funds Europe Limited has grown steadily and developed a strong reputation within the European asset management world.
The company produces three publications under the Funds Global brand (Funds Global MENA, Funds Global Asia and Funds Global Latin America), and has moved into research and events.
Sean Thompson says: “This acquisition is a perfect fit for CAMRADATA. We have experienced strong growth this year and acquiring Funds Europe Limited will broaden our skillset and enable us to scale further – expanding into European markets and the DC world. Our two brands are highly complementary, but we have different readerships and we look forward to reaching investors in other European markets.
“By combining the CAMRADATA investment data and analytics with the editorial capabilities of the Funds Europe team there is the opportunity to enhance all the existing publications, events and research to a level far beyond the competition, as well as reducing the overall cost of production. This will add more value for our clients who will have greater insight into investment data.”
Alan Chalmers, Co-founder of Funds Europe Limited says: “CAMRADATA and Funds Europe were established around the same time and there is a close working relationship and synergy between our management teams. Funds Europe will benefit from becoming part of a larger organisation with greater resources available, as well as being able to access CAMRADATA’s investment research, which will provide valuable additional insight and data for our readers.”