Pittsburgh, PA and London, October 29, 2019 – Confluence Technologies, a global leader in investment data management automation for regulatory, financial and investor reporting, announced today that it has acquired StatPro Group plc (StatPro), a highly respected global provider of cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers. Read more…

StatPro is pleased to announce that at the Court Meeting and the General Meeting of StatPro Shareholders held today in connection with the recommended all cash offer for the entire issued and to be issued ordinary share capital of StatPro by Bidco, a wholly owned subsidiary of Confluence Technologies, Inc., to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the “Scheme”), the resolutions proposed were duly passed. Full details of the resolutions are set out in the notices of the Court Meeting and the General Meeting contained in the circular in relation the Scheme (the “Scheme Document”), copies of which are available at https://www.statpro.com/investors/announcement/. Read more…

The boards of directors of Confluence and StatPro are pleased to announce they have reached agreement on the terms of a recommended all cash offer pursuant to which Bidco will acquire the entire issued and to be issued ordinary share capital of StatPro (the “Acquisition”). Read more…

StatPro Group plc, (AIM:SOG, “StatPro”, “the Company”), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, announces that the Company has transferred 25,000 ordinary shares of 1 penny each (“Ordinary Shares”) out of treasury to satisfy an exercise of awards pursuant to the Company’s Performance Share Plan. Read more…

StatPro Group plc, (AIM:SOG, “StatPro”, “the Group”), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, will be publishing its results for the six months to 30 June 2019 on Wednesday, 31 July 2019. Read more…

StatPro Group plc (AIM:SOG, “StatPro”, “the Group”), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, announces that it has completed the acquisition of the environmental, social and governance (“ESG”) research and index business unit (“ECPI”) from ECPI Group Srl. as announced on 12 June 2019. As a result, the initial cash consideration of €0.9 million (£0.8 million) was paid from existing debt facilities.  Read more…

StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has secured a conversion from its legacy StatPro Seven software to its cloud-based StatPro Revolution service with a large insurance company. This has resulted in a three-year contract with a minimum value of £1.5 million. This represents a 77% increase in annual subscription. Read more…