MSCI Announces Sale of InvestorForce

MSCI announced today that it has entered into a definitive agreement to sell InvestorForce to Resurgens Technology Partners. Resurgens Technology Partners intends to merge InvestorForce with its portfolio company Investment Metrics, a leading provider of investment reporting and analytical solutions. The terms of the transaction, including the purchase price, were not disclosed. The transaction is expected to close within the next three months and is subject to customary closing conditions.

InvestorForce, a product line that was included within MSCI’s Analytics unit, provides performance measurement and reporting software to institutional investment consultants.