The Sunday Edition

Last Week’s Newsletter - M&A Week 2023

ICYMI

Last week we had a record-setting 8 M&A announcements including two in financial data: FactSet acquired idaciti and Francisco Partners acquired Macrobond.

5 fundraising announcements including valuation and portfolio monitoring solution, 73 strings’ Series A led by Blackstone Innovation Investments and Fidelity International Strategic Ventures, and bank operating system platform, CapStack, which announced their launch and $6M in Pre-Seed funding led by Fin Capital.

In people moves, promotions, and appointments, there were 18 highlighted including 7 in the c-suite: Andreas Aglen’s promotion to CEO at Exabel, Jonathan Barton joining Bobby Jain’s new hedge fund as COO, Heather Bellini joining InvestCloud as President & CFO, Lindsey Drake joining GeoComply as CFO, Jill Griebenow’s promotion to CFO at Cboe, Jim Owens joining Atheneum as CEO, and Michael Weisz’s promotion to CEO at Yieldstreet.

15 interesting roles in data and product, including Ascential hiring an equity research analyst - alternative data, L’Oréal USA hiring a Chief Data Governance & Analytics Officer, and Stocktwits hiring a Head of US Content.

I was reading a lot last week and highlighted 8 interesting articles covering a wide variety of topics including data in F1, corporate VC units, startup M&A, rules & regulations on selling data, and a great overview of Snowflake vs. Databricks.

Concluded with a special announcement from FISD, which announced the World Financial Information Conference (WFIC) in Austin, Texas September 15-18, 2024.

The Week Ahead

The CDOIQ Symposium is in Boston Tuesday through Thursday. I’ll be dialed in virtually but let me know if you’re in town as I have a number of friends and colleagues in attendance.

Quiet week for happy hours, am I missing anything? It was great to see everyone last week at Low-Key Data Happy Hour NYC after Ethan Aaron absolutely crushed it again with the second Low-Key Data Conference.