First Derivatives Plc has acquired Market Resource Partners, a Philadelphia-based technology marketing company, for up to $20 million (£11.3 million).

First Derivatives Plc has acquired Market Resource Partners, a Philadelphia-based technology marketing company, for up to $20 million (£11.3 million).

First Derivatives managing partner Richard Fulton led the transaction assisted by corporate solicitors Kathryn Walls and Ciara Lagan. Adviser Mills Selig has acted for First Derivatives for a number of years, advising on a range of legal matters and was involved in the listing of the company on the AIM. Fulton said: “First Derivatives is now poised for further international growth and we wish Brian Conlon and all of the team continued success following this exciting acquisition.”