Five Arrows Acquires Rimes from EQT
April 9, 2024
Five Arrows (via its Long Term Fund and Principal Investments vehicles) has agreed to acquire Rimes, a provider of enterprise data management-as-a-service and investment platform solutions, from EQT and its co-shareholders. The transaction — intended to support Rimes' next phase of growth in investment data and AI-enabled capabilities — is subject to customary regulatory approvals.
- Targets
- Rimes
- Sellers
- EQT, Co-shareholders
- Industry
- Data & Analytics
- Location
- United Kingdom
- Transaction Type
- Buyout
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