YBI portfolio company acquired by multibillion-dollar firm
YOUNGSTOWN — FactSet Research Systems, the multibillion-dollar global financial information provider, has acquired Revere Data, a Youngstown Business Incubator portfolio company with offices in the Semple Building on West Federal Street.
Terms of the deal, which was completed last week, were not disclosed, but the acquisition represents some of the high-profile work and attention the YBI continues to attract said its chief executive officer Jim Cossler in an email.
Revere is headquartered in San Francisco, and it operates another office in New York City. The company provides detailed financial information to institutional investors such as investment managers and traders.
Revere arrived in Youngstown in 2010, citing low-overhead costs and a growing tech-savvy workforce as contributing factors in its decision to establish an office here.
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