The acquisition positions Genscape to deliver an unmatched combination of proprietary data and actionable market intelligence to power market participants.

Sean O’Leary, co-founder and CEO of Genscape, said: This is a great strategic deal for both companies. Enva’s tools and market insight reinforce Genscape’s position as the market’s leading provider of fundamental data and analysis.

Gustav Beerel, co-founder and CEO of EnvaPower, said: The combination of these two companies will enable them both to serve customers better. By leveraging additional real-time data from Genscape, Enva can further enhance its market-leading position in real-time market intelligence.