Asset International acquires Strategic Insight

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New York—Asset International, publisher of PlanSponsor and one of the few active acquirers in the current sluggish M&A market, announced Wednesday it has acquired Strategic Insight, a research, data and analytics firm. Strategic Insight provides research to mutual fund, retirement income and wealth management organizations. Asset International CEO Jim Casella will become the new CEO of Strategic Insight, succeeding Joel Rosenthal, 70, who has announced his retirement. Last month, Asset International acquired The Trade, a London-based financial information firm. Asset International is backed by Austin Ventures. Financial terms of the deal were not disclosed.
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