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Resurgens to acquire InvestorForce from MSCI

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Resurgens to acquire InvestorForce from MSCI

Private equity firm Resurgens Technology Partners agreed to acquire InvestorForce from MSCI Inc.

Resurgens will merge InvestorForce, which provides performance measurement and reporting software to institutional investment consultants, with its portfolio company, Investment Metrics LLC.

The newly combined company, which will operate under the Investment Metrics name, will have clients with approximately $10 trillion in assets under advisement running on the platform.

The transaction is expected to close within the next three months. Terms of the deal were not disclosed.

The deal is not expected to have a material impact on MSCI's operations results.

Davis Polk & Wardwell LLP acted as legal adviser to MSCI in connection with the deal.