MJ Hudson acquired environmental, social and governance consultant Spring Associates Responsible Investment Service in Amsterdam, a spokesman said.
Spring Associates, which has €30 billion ($33.8 billion) in assets under advisement, will boost MJ Hudson's global money management advisory capabilities with ESG and impact investing as well as data reporting expertise.
From our first contact, we were immediately impressed with the quality of Spring's analysis framework and outputs, and are excited to welcome the team's blend of deep research capability and management consultancy skills into our business," MJ Hudson CEO Matthew Hudson said in a news release.
"Our services focus on making sustainability part of the equity story while delivering real value to investment firms and we have ambitious plans for expansion, Matthijs Baan, co-founder of Spring Associates, said in the release. "In MJ Hudson, we have found an ideal business partner for the next phase of our growth."
There will be no immediate changes to personnel or client service at Spring, Mr. Baan added.
MJ Hudson advises on more than $10 trillion of assets and works with money managers, institutions and other financial services providers.
