New York – The 451 Group announced today that it has acquired Moss Creek Capital, a fundamental equity research shop operating out of Dallas Texas. The principal of Moss Creek Capital, Gregg Speicher, CFA is a technology analyst focused on publicly traded software company analysis. The acquisition allows The 451 Group to expand its coverage within the IT space.
Moss Creek Capital, which focuses on the publically traded securities market, will be able to use the detailed emerging technologies information that The 451 Group produces to help identify meaningful trends that may affect the competitive status and the potential changing landscape of the existing software firms.
Gregg was previously at Farmhouse Equity Research as a senior analyst where he was responsible for covering the enterprise software industry and related sectors. Given this background, he has a deep appreciation for primary data, such as channel checks, survey work and earlier stage dialogue with developers. Prior to Farmhouse, Mr. Speicher worked at Stifel Nicholaus.
The 451 Group is aggressively building out its services to the financial services client base. The firm previously acquired Tier 1 Research and is considering the acquisition of more properties in the coming year. The addition of Moss Creek Capital serves to focus the early stage information gleaned by The 451 Group into more actionable equity-centric investment ideas.
We include the press release below:
The 451 Group Acquires Independent Investment Research Firm Moss Creek Capital to Expand Offerings in Software, Cloud Computing and other Technology Sectors
Acquisition Brings Professional Investors New Insight Into Software Companies and the Impact of Such Emerging Technologies as Cloud Computing and Virtualization
NEW YORK, New York–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.”
About The 451 Group
The 451 Group is an independent technology-industry analyst company focused on the business of enterprise IT innovation. The company’s analysts provide critical and timely insight into the market and competitive dynamics of innovation in emerging technology segments. Clients of the company – at vendor, investor, investment-banking, service-provider and end-user organizations – rely on 451 insight to support both strategic and tactical decision-making for competitive advantage.
The 451 Group is headquartered in New York, with offices in key locations, including San Francisco, London and Boston. The company also operates Tier1 Research – an independent division of The 451 Group headquartered outside Washington DC – which analyzes the financial and industry implications of developments impacting public and private companies within the IT, communications and Internet sectors.