Polaris Buys Majority Stake in The Roberts Group

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The parties did not disclose terms of the transaction, though Polaris typically makes equity investments of between $10 million to $30 million for its deals, which generally focus on the technology and healthcare industries─such as its 2006 investment in automated data management services provider Confluence Technologies.

The cash injection will allow TRG to accelerate the development time for its market data management services, says Joshua Leitner, business development director at TRG. "This m

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