BX Blackstone Inc

By Josh Beckerman

Financial-information provider Refinitiv Holdings Ltd. has purchased financial technology company Scivantage, home to Wealthsqope wealth-management technology and the Maxit cost basis platform.

Refinitiv said the deal strengthens its relationship with broker-dealers, prime brokerage, clearing firms and bank-brokerage firms. A Refinitiv press release didn't include the deal price.

In 2010, Scivantage reported a $22 million investment from Brown Brothers Harriman Capital Partners. In 2014 it disclosed $20 million of debt and equity financing.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

March 02, 2020 13:56 ET (18:56 GMT)

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