K1 to Exit Irwin, a Leading Investor Relations Platform, in Strategic Sale to FactSet

Transaction marks K1's seventh exit of 2024 and will contribute to over $2.9 billion in enterprise value realized YTD

MANHATTAN BEACH, Calif., Oct. 28, 2024 /PRNewswire/ -- K1 Investment Management, LLC ("K1"), one of the largest investors in small-cap enterprise software companies, today announced that its portfolio company Irwin, a leading provider of investor relations (IR) and capital markets software, has entered into a definitive agreement to be acquired by FactSet (NYSE: FDS| NASDAQ: FDS), a global financial digital platform and enterprise solutions provider. The transaction is expected to close in the coming weeks and marks K1's second exit to a publicly traded strategic buyer since the summer.