BlueMatrix Acquires RANOS to Expand in Asia-Pacific
Deal News | Jun 17, 2025 | Thoma Bravo
BlueMatrix, a leading platform for capital markets content authoring and distribution, announced its acquisition of RANOS, a New Zealand-based next-generation research publishing platform. This strategic acquisition enhances BlueMatrix's presence in the Asia-Pacific market and integrates a high-growth asset into its business portfolio. BlueMatrix, supported by Thoma Bravo, a major software investment firm, serves over 1,000 financial institutions worldwide with its enterprise-grade ecosystem. The transaction aims to bolster BlueMatrix's leadership in investment research, offering clients more features and robust local support. RANOS will continue operating its current platform while benefiting from enhanced capabilities over time. Thoma Bravo maintains approximately $184 billion in assets and has invested in over 535 companies globally.
Sectors
- Financial Services
- Software & Technology
Geography
- United States – BlueMatrix is headquartered in Durham, North Carolina, and supported by Thoma Bravo, a US-based investment firm with several offices in the country.
- New Zealand – RANOS, the acquired company, is headquartered in New Zealand and serves the Asia-Pacific region, making this geography relevant.
- Asia-Pacific – The acquisition is strategic for enhancing BlueMatrix's presence in the Asia-Pacific financial markets.
Industry
- Financial Services – The acquisition strengthens BlueMatrix's services in the financial sector by expanding its market reach and capabilities in investment research distribution.
- Software & Technology – Both BlueMatrix and RANOS are engaged in providing advanced software solutions for publishing and distributing financial content, supported by Thoma Bravo's investment focus.
Financials
- $184 billion – Assets under management by Thoma Bravo as of March 31, 2025.
- $275 billion – Enterprise value of companies invested in or acquired by Thoma Bravo over the past 20 years.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BlueMatrix | Acquirer | Company | A global leader in capital markets content publishing technology, serving over 1,000 financial institutions. |
| RANOS | Target Company | Company | A next-generation research publishing platform aimed at modernizing investment research, headquartered in New Zealand. |
| Thoma Bravo | Investment Firm | Company | One of the largest software investors globally, providing financial backing to BlueMatrix. |
| Patricia Horotan | CEO of BlueMatrix | Person | Responsible for overseeing the strategic acquisition of RANOS. |
| Daniel Kieser | Founder of RANOS | Person | Played a role in the strategic integration of RANOS into BlueMatrix. |