QUANTAL TO ACQUIRE BULLRUN FINANCIAL

 

Posted January 7, 2009

 

SAN FRANCISCO -- Risk analytics solution provider Quantal International, Inc. plans to acquire performance measurement and attribution analytics provider Bullrun Financial, in turn expanding and accelerating its solutions suite.

 

A seamless connection between the two solutions offers a unique transparency in this turbulent market, according to a statement from the companies. “We see great benefit from the integration and look forward to using Quantal’s risk analytics in the near future,” says Tim Bean, Allen Mooney & Barnes Investment Advisors. “In-depth risk reporting and transparency is more critical now than ever before.” Now performance and risk can be measured in the portfolio as one.

 

“Bullrun Financial and Quantal together can provide investment professionals with a more complete solution to managing investment portfolios,” says Terry Marsh, President and Chief Executive Officer of Quantal. “Both companies have solid reputations as quality service providers to our respective customers. That dedication, coupled with an expanded portfolio of services, will provide our customers with many benefits. We are confident that this acquisition will enhance our overall offering to existing and future customers.”

 

The transaction is effective immediately; the terms of the transaction were not disclosed.

 

“Our existing partnership can now be fully leveraged to more effectively grow our business globally,” says John Michel, President and Chief Executive Officer of Bullrun Financial. “Our companies’ combined products significantly increase the breadth of our offering and our visibility in the marketplace.”

 

   
     

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