Financial Times: Software and data group ION buys Acuris in £1.35bn deal

Private equity group BC Partners has agreed to sell the owner of financial information service Mergermarket to Ion Group in a £1.35bn deal.

BC Partners bought Mergermarket for £382m in 2013 from Pearson, then owner of the Financial Times.

The sale of Acuris, as the business is now known, will extend the expansion of Ion, a financial software and data business, into trading and cash management tools, data and analytics for capital markets.

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