PE Firm to Buy Financial Data Provider Macrobond, FT Reports

US private equity firm Francisco Partners Management LLC has agreed to buy Swedish company Macrobond Financial AB, the Financial Times reported on Sunday, citing people familiar with the matter.

Francisco Partners is buying the financial data and technology services provider for about €700 million from rival PE firm Nordic Capital Svenska Aktiebolag. The deal is expected to complete by the end of next month.

“We made significant investment into the technology of the business as well as putting a strong focus on building its unique data set and differentiating from its competition,” a partner at Nordic Capital, Emil ...