Private equity firm Equistone has backed the management buyout of Moody’s Analytics Knowledge Services, which has been rebranded as Acuity Knowledge Partners.
Acuity provides bespoke research, analytics and automation technology over 300 firms in the financial services sector, in areas such as investment banking, investment research, private equity & consulting and commercial lending. The business is headquartered in London and operates from nine locations worldwide.
Philip Gore-Randall has been appointed as Non-Executive Chair.
Robert King, CEO of Acuity Knowledge Partners, said: “We’re delighted to have completed the process of establishing ourselves as an independent company and launched the new Acuity brand. Under our new identity, our focus will remain on providing our clients across the financial services industry with the best-in-class bespoke services delivered by our exceptional teams around the world.”
Tim Swales, Partner at Equistone Partners Europe, added: “We were excited to back this business and management team on account of its impressive leadership, strong market position and the compelling growth drivers for providers of bespoke research and analytical support.”