The 451 Group has acquired independent equity-research firm Moss Creek Capital in order to expand its services for the professional investment community. Dallas-based Moss Creek provides investment research on publicly traded software companies, offering actionable insight gleaned from conversations with end users, key players in the software distribution channel and company executives. Moss Creek principal Gregg Speicher will remain with the acquired firm.
The acquisition expands the coverage and financial expertise of The 451 Group, an independent analyst firm that covers emerging technologies within the enterprise IT industry.
"The addition of Moss Creek will accelerate our efforts to explain to investors how disruptive technologies will affect large and small public companies," said Martin V. McCarthy, CEO of The 451 Group. "With major forces such as cloud computing gathering on the horizon, we believe that investors are hungry for deep insight into which companies are going to be winners and losers in the resulting market. We will continue to look for opportunities to expand our firm, and we expect to complete additional acquisitions this year."
Moss Creek principal Gregg Speicher has more than 10 years of experience in independent and sell-side equity research, much of it gathered from direct interaction with IT users and distributors. "After a decade of delivering value-added research in technology, I see an even bigger opportunity to tap into the knowledge of The 451 Group's more than 50 analysts to expand and deepen coverage in rapidly changing segments such as virtualization and cloud computing," said Speicher. "All segments of the buy side need fresh ideas to navigate this recession and subsequent recovery. By joining The 451 Group at this time, I believe that Moss Creek can better serve its existing clients, and help to drive growth in this segment for the company."