Gresham Announces Acquisition of S&P Global’s Enterprise Data Management Business

Gresham today announced it has completed the acquisition of S&P Global’s Enterprise Data Management (EDM) business. Gresham is backed by STG who focuses on building and scaling market-leading software, data, and analytics companies.

The transaction represents a strategic carve-out from S&P Global and materially expands Gresham’s footprint in enterprise data management for the global financial services industry.

EDM is a market-trusted enterprise data management platform relied upon by a wide range of buy and sellside institutional clients including 30 of the top 60 global asset managers and supporting more than $12 trillion in assets under management. EDM is a proven leader in enabling firms to master, govern, and operationalize market, reference, private markets and ESG data at scale. The platform plays a critical role in some of the most complex and regulated data environments across global capital markets.

Following the close, EDM will continue to operate its current range of products within Gresham, maintaining its product roadmap, customer relationships, and delivery model. The EDM team moves with the business, maintaining continuity across customer relationships, service delivery, and product development. EDM has a strong roadmap in place and will continue delivering product enhancements and updates, supported by increased focus, investment and the benefit of the greater scale in enterprise data automation that Gresham brings.

“EDM plays a foundational role in how global financial institutions govern, control, and operationalize their most critical data,” said Marc Bala, Managing Director at STG. “STG and Gresham share a common goal: enabling EDM to reach its full potential as a provider of focused data automation solutions. Under STG ownership, EDM gains flexibility, capital, and

dedicated attention to accelerate AI-driven product innovation, deepen customer partnerships through faster decision-making, and expand its role as a trusted data backbone across the financial ecosystem. We believe this positions EDM to grow faster and serve customers even better.”

“This acquisition is a defining step forward for Gresham,” said Mark Hepsworth, Chief Executive Officer of Gresham. “Gresham is a market leader in capital markets data automation focused around two main capabilities, enterprise data management and reconciliations solutions. EDM meaningfully expands our enterprise data management offerings and reinforces our focus on supporting mission critical data management processes in regulated, data-intensive financial markets. The EDM range of products will continue to be offered and enhanced while benefiting from increased investment, commercial scale, and broad domain expertise in financial services data management.”

“EDM has built a strong reputation as a trusted enterprise data platform supporting some of the largest asset managers and financial institutions globally,” said Neil Robertson, Managing Director of EDM. “Joining Gresham provides a focused strategic home with deep domain understanding and the resources to accelerate our roadmap and expand our product offerings, while preserving the stability and service our customers rely on.

Paul Hastings LLP acted as legal advisor, KPMG LLP acted as transaction advisor, Jefferies LLC acted as lead financial advisor and Deutsche Bank Securities Inc. and Houlihan Lokey Capital, Inc. acted as co-advisors to STG and Gresham in connection with the transaction.