FactSet has recently purchased BISAM Technologies for $205.2 million from Aquiline Capital Partners and company insiders. FactSet is mostly known for portfolio and risk analytics and client reporting which will go well with BISAM’s performance measurement support. BISAM has more than 160 employees worldwide, and they provide portfolio and attribution, multi-asset risk, GIPS composites management and reporting. Officials say, “Many of the world’s largest asset managers use BISAM’s software to evaluate and enhance their investment strategies and better serve their clients.” While this was a good addition to FactSet, they still had to borrow $575 million “under a new resolving credit facility to fund the transaction and repay existing debt”. FactSet was founded in 1978 and they currently offer analytics, services, content, and technology to over 66,000 end-users. They are listed on the New York Stock Exchange and the NASDAQ Stock Market under the symbol ‘FDS’. FactSet has a market capitalization of $7.12 billion and is located in 43 locations with more than 8,500 individuals.