Long Ridge exits Portware

FactSet Research Systems has agreed to acquire Portware LLC for a cash consideration of $265 million. Portware, which was backed by Long Ridge Equity Partners, is a provider of financial information and analytics.


Long Ridge backs Portware

Long Ridge Equity Partners has led a minority recapitalization of Portware. No financial terms were disclosed. Broadhaven advised Portware on the transaction. Also, Jim Brown has been appointed to Portware’s board of directors. Portware is a provider of execution management systems for financial institutions.

BlueTarp Closes $15m Funding Round

BlueTarp Financial, a credit provider for the building supply industry, has closed a $15 million equity round led by new investor Long Ridge Equity Partners. BlueTarp’s existing investor group, including Highland Capital Partners, Flybridge Capital Partners, Village Ventures and Trinity Ventures also participated in the round.

Mortgage Companies Look Ripe for Deals

Several private equity firms have lined up to invest in mortgage providers and servicers in recent weeks, suggesting more firms are eager to get back into a much maligned sector as it staggers out of the Great Recession,Buyouts reports in its March 26 edition. In less than a week, between March 9 and March 14, […]

Financial Services-Focused Firm Seeks $100M

Long Ridge Equity Partners, a small New York-based private equity firm focused on the financial services industry, is seeking $100 million for its debut fund, a source close to the fundraising process told Buyouts. The source declined to say how much the firm has raised so far. The firm is not using a placement agent […]

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget