Morningstar Acquires ByAllAccounts for $28,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca4328b3-192f-42ff-8842-8b0392687c45
Date
4/2/2014
Company Name
ByAllAccounts
Mailing Address
10 State Street Woburn, MA 01801 USA
Company Description
ByAllAccounts delivers reconciliation-ready data to investment management and advisory firms. Using innovative expert system technology, the company provides an unparalleled access to financial account data from thousands of custodians and enables efficient and timely account reconciliation, performance analysis and consolidated reporting.
Website
http://www.byallaccounts.com
Transaction Type
M&A
Transaction Amount
$28,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Morningstar acquired ByAllAccounts for $28 million, subject to working capital adjustments.