OptionMetrics Acquires Woodseer to Expand Research Data Offerings

OptionMetrics, an options and futures database and analytics provider for institutional investors and academic researchers worldwide, announced that it has acquired dividend forecast data provider Woodseer Global (Woodseer). Terms of the transaction were not disclosed.

The acquisition allows OptionMetrics to enhance its global presence by adding offices in London and Vancouver and expand its research data offerings with dividend forecast data for equities, American depositary receipts (ADRs), and ETFs.

David Hait, CEO of OptionMetrics, said: "The addition of Woodseer's product suite will enhance our ability to serve financial market stakeholders and academic institutions in their analysis of equity market performance and risk. Woodseer's accurate, comprehensive dividend forecast data is second to none and will provide our clients with new data sets and further drive analysis tools and capabilities within our core options data solutions. We very much look forward to working with Ed Dean, Mark Riding and the rest of the Woodseer team in fostering the continued success of Woodseer as part of OptionMetrics."

Utilizing a proprietary, algorithm-based methodology, Woodseer produces market-leading dividend forecast data at global scale. Clients of banks, funds and market makers can make trading, revenue planning and risk management decisions faster with the its timely and accurate data sets and vast dividend forecast statistics.

Leeds Equity Partners, a New York-based private equity firm, entered in to partnership with OptionMetrics since 2021.

Commenting on the deal, David Neverson, Managing Director at Leeds Equity Partners, said: "Our investment thesis for OptionMetrics centered on building greater capabilities to assist institutional investors and academic research communities in driving improved investment effectiveness and risk management. Acquiring Woodseer is an important part of this process. Woodseer's dividend forecast data and related solutions, along with its strong European footprint, will further position OptionMetrics as a key strategic partner to institutions and stakeholders in the global financial services market."