Monday, March 6, 2017 11:15 am

Euromoney Institutional Investor has agreed to acquire RISI, a price reporting agency for the global forest products market, for $125 million in cash.

Founded in 1985, RISI has been part of AXIO Group, an Epiris Managers' business, since 2013.

RISI is headquartered in Bedford, Massachusetts, and employs 150 people across the United States, China, Belgium, Finland and Brazil. The sale is expected to complete in the second quarter of 2017, subject to regulatory approval.

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