Leeds Equity Partners Completes Sale of Fulcrum Financial Data to Fitch Group

Knowledge Industries focused private equity firm closes sale of leading provider of global credit research, data analytics and news

News provided by

Leeds Equity Partners, LLC

Jul 10, 2018, 15:44 ET

NEW YORK, July 10, 2018 /PRNewswire/ -- Leeds Equity Partners, LLC ("Leeds Equity"), the New York-based private equity fund focused exclusively on investing in the Knowledge Industries, announced today the completion of the sale of Fulcrum Financial Data, LLC ("Fulcrum" or the "Company") to Fitch Group. Terms of the transaction were not disclosed.

Scott VanHoy, Managing Director of Leeds Equity Partners, said, "Our successful investment in Fulcrum is a testament to CEO Steve Miller's strategic vision and the great work of the entire management team. We would like to thank Steve and the team for their efforts, and we wish them well in driving the Company's next stage of growth."

"Information services companies, such as Fulcrum, play critical roles in the daily professional workflows of the clients they serve," said David Neverson, Vice President of Leeds Equity Partners. "We're proud of the work that Fulcrum management and Leeds Equity did to build a business that has been increasingly impactful to credit investors' decision making and workplace efficiency."

Fulcrum represents one of Leeds Equity's many information services investments. Other current and historical investments in the sector include: Simplify Compliance, a provider of information and compliance solutions, events and training; Evanta, a provider of executive development and collaboration solutions; and Ex Libris, a provider of automation solutions for academic, research and national libraries.

Houlihan Lokey, Inc. served as financial advisor and Goodwin Procter LLP served as legal counsel to Fulcrum.

About Leeds Equity Partners:

Leeds Equity Partners, LLC, is a New York-based private equity firm focused exclusively on investing in the education, training, information services and software industries (the "Knowledge Industries"). Since 1993, Leeds Equity has deployed more than $2.6 billion of capital to a broad spectrum of companies across the Knowledge Industries. Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long term value.

For additional information on Leeds Equity Partners, see

http://www.leedsequity.com/

For More Information:
Jeffrey T. Leeds
Tel. 212-835-2000
Fax: 212-835-2020
www.leedsequity.com

SOURCE Leeds Equity Partners, LLC