Like FutureAdvisor

announced 8/26/2015 via BusinessWire

BlackRock, Inc., will acquire FutureAdvisor

synopsis: BlackRock, Inc. has entered into a definitive agreement to acquire FutureAdvisor, a leader in digital wealth management. FutureAdvisor will operate as a business within the firm’s investment and risk management platform. They will provide financial institutions with technology-enabled advice capabilities to improve clients’ investment experience.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. They help clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares®, and more. "
target: FutureAdvisor
FutureAdvisor is an award-winning investment advisory firm that manages existing IRA, Roth, taxable accounts, and other investment accounts. They automatically monitor, rebalance, and tax-manage clients' current investments, adding low-fee index funds where necessary to bolster portfolios.
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announced 5/15/2020 via BNC Analysis

Goldman Sachs & Co., will acquire Folio Financial, Inc.

synopsis: Goldman Sachs, a leading global investment banking, securities and investment management firm, has agreed to purchase Folio Financial, a unique brokerage, custodian, and financial technology company—all in one—delivering advanced financial technology to investors and those who serve them since 2000.
buyer: Goldman Sachs & Co. (GS:$37,162.00)
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments & high-net-worth individuals. "
target: Folio Financial, Inc.
Folio are a unique brokerage, custodian, and financial technology company—all in one—delivering advanced financial technology to investors and those who serve them since 2000.
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announced 1/30/2020 via GlobeNewswire

Guardian Capital Group, will acquire ModernAdvisor

synopsis: Guardian Capital Group Limited, a Canadian diversified financial services company, will acquire Modern Advisor Canada Inc., a leading Canadian digital advisor platform. ModernAdvisor is a fintech start-up that helps investors to reach their investment goals through transparent, unbiased, and cost-effective investment management services.
buyer: Guardian Capital Group (TSX:GCG.A:$136.06)
Guardian Capital is a Canadian diversified financial services company operating in Asset Management and Financial Advisory. Guardian provides investment management services, financial advisory services, retail distribution of mutual funds, insurance, and general corporate services. "
target: ModernAdvisor
Vancouver-based ModernAdvisor is a digital investment management company. ModernAdvisor uses technology to help advisors bring Canadians intelligent investing options, allowing them to reach their investment goals through transparent, unbiased, and cost-effective investment management services.
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announced 10/9/2020 via Market Watch

TP ICAP, will acquire Liquidnet, Inc.

synopsis: UK-based TP ICAP PLC will acquire Liquidnet Holdings Inc., an electronic trading network. The acquisition of Liquidnet is a transformational deal that will diversify TC ICAP's business mix and contribute to boosting revenue growth and underlying operating margin.
buyer: TP ICAP (LSE:TCAP:$2,398.01)
Headquartered in London, TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy, and commodities markets. TP ICAP provides comprehensive analysis and insight into market conditions and long-term trends. "
target: Liquidnet, Inc.
Liquidnet is a technology-driven, global institutional investment network, connecting the world’s investors to the world’s investments. Its network spans 45 markets and connects institutional brokers, investment banks, exchanges, alternative trading venues, and data and research providers.
price ($mm)
$575
rev ($mm)
$339
EBITDA ($mm)
$64
EV / rev
2.1x
EV / EBITDA
10.9x
announced 10/9/2020 via Market Watch

TP ICAP, will acquire Liquidnet, Inc.

synopsis: UK-based TP ICAP PLC will acquire Liquidnet Holdings Inc., an electronic trading network. The acquisition of Liquidnet is a transformational deal that will diversify TC ICAP's business mix and contribute to boosting revenue growth and underlying operating margin.
buyer: TP ICAP (LSE:TCAP:$2,398.01)
Headquartered in London, TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy, and commodities markets. TP ICAP provides comprehensive analysis and insight into market conditions and long-term trends. "
target: Liquidnet, Inc.
Liquidnet is a technology-driven, global institutional investment network, connecting the world’s investors to the world’s investments. Its network spans 45 markets and connects institutional brokers, investment banks, exchanges, alternative trading venues, and data and research providers.
price ($mm)
$575
rev ($mm)
$339
EBITDA ($mm)
$64
EV / rev
2.1x
EV / EBITDA
10.9x
closed 1/24/2020 via PE Hub

Purpose Advisor Solutions, acquired Wealthsimple

synopsis: Purpose Advisor Solutions, a new financial services company focused on creating the tools, services and support to help financial advisors build their own business, has acquired Wealthsimple, an online investment manager that builds a personal, low-cost portfolio for user.
buyer: Purpose Advisor Solutions
Purpose Advisor Solutions is a new financial services company focused on creating the tools, services and support to help financial advisors build their own business. Their team is passionate about helping advisors and is building a new business model to provide what they need to thrive and succeed."
target: Wealthsimple
Wealthsimple is an online investment manager that builds a personal, low-cost portfolio for user. They are on a mission to bring smarter financial services to everybody, regardless of age or net worth.
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closed 7/24/2019 via BNC Analysis

VinaCapital Investment Management, acquired Smartly Pte Ltd

synopsis: VinaCapital, one of Vietnam’s leading investment management and real estate development firms, has acquired Smartly, a Singapore-based, financial technology company building a new-generation robo-advisor, providing a digital wealth management platform to retail investors.
buyer: VinaCapital Investment Management
Founded in 2003, VinaCapital is one of Vietnam’s leading investment management and real estate development firms, with a diversified portfolio of USD1.8 billion in assets under management. "
target: Smartly Pte Ltd
Smartly is a Singapore-based, financial technology company building a new-generation robo-advisor, providing a digital wealth management platform to retail investors.
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announced 7/8/2016 via PR Newswire

Legg Mason, Inc., will acquire Financial Guard

synopsis: Legg Mason, Inc. announced that it has agreed to acquire an 82% majority equity interest in Financial Guard LLC, an online Registered Investment Advisor and innovative technology-enabled wealth management and investment advice platform. The firm will operate as part of Legg Mason's alternative distribution strategies business.
buyer: Legg Mason, Inc. (LM:$2,660.84)
Legg Mason is a global asset management firm that provides active asset management in many major investment centers throughout the world. "
target: Financial Guard
Financial Guard is a leading online investment advisor providing simple, professional and transparent investment advice through its interactive website. Financial Guard's technology allows investors to create a unique profile and view all of their investments in one place
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announced 12/2/2015 via BNC Analysis

Wealthsimple, will acquire ShareOwner

synopsis: Wealthsimple Financial Inc., Canada's leading online investing service, announced it has acquired Canadian ShareOwner Investments Inc., the country's first automated investment manager.
buyer: Wealthsimple
Wealthsimple is Canada's leading online investment manager, making smart and simple investing accessible to all Canadians with low minimums and low fees. Their on-demand financial planning services and investment advice educate clients and keep their investments on track. "
target: ShareOwner
ShareOwner (Canadian ShareOwner Investments) has been providing independent investment education and low-cost investing services to retail investors since 1987.
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closed 4/21/2020 via BNC Analysis

SoFi, acquired 8 Securities Limited

synopsis: Consumer financial services platform SoFi has acquired 8 Securities, a Hong Kong-based investing app. Targeted to personal investors, 8 Securities will rebrand to SoFi Hong Kong and will begin launching services in other markets in addition to Hong Kong. 8 Securities was the first mobile-only investment service and robo-advisor to launch in Asia.
buyer: SoFi
SoFi is a values-driven company on a mission to help members get their money right. They create modern financial products and services that help people borrow, save, spend, invest, and protect their money better, so that they can achieve financial independence and realize their ambitions. "
target: 8 Securities Limited
Hong Kong-based 8 Securities is a cloud-based brokerage platform that provides simple, transparent, and affordable mobile investing solutions. The company allows users to trade over 15,000 US and Hong Kong stocks and exchange traded funds as much as they like free of commission.
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announced 8/26/2015 via BusinessWire

BlackRock, Inc., will acquire FutureAdvisor

synopsis: BlackRock, Inc. has entered into a definitive agreement to acquire FutureAdvisor, a leader in digital wealth management. FutureAdvisor will operate as a business within the firm’s investment and risk management platform. They will provide financial institutions with technology-enabled advice capabilities to improve clients’ investment experience.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. They help clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares®, and more. "
target: FutureAdvisor
FutureAdvisor is an award-winning investment advisory firm that manages existing IRA, Roth, taxable accounts, and other investment accounts. They automatically monitor, rebalance, and tax-manage clients' current investments, adding low-fee index funds where necessary to bolster portfolios.
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closed 8/21/2019 via Company Press Release

BlackRock, Inc., acquired Cofense

synopsis: Cofense is pleased to announce that BlackRock Private Equity Partners is now their majority equity holder, having acquired the equity of former investor Pamplona. Cofense, formerly PhishMe, is the leading provider of human-driven phishing defense solutions world-wide.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock is a global leader in investment management, risk management and advisory services for institutional & retail clients. BlackRock helps clients meet their goals with a range of products that include separate accounts, mutual funds, exchange-traded funds, & other pooled investment vehicles. "
target parent: Pamplona Capital Management LLP
target: Cofense
Cofense, formerly PhishMe, is the leading provider of human-driven phishing defense solutions world-wide. They deliver a collaborative approach to cybersecurity by enabling organization-wide engagement to active email threats.
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closed 5/10/2019 via BusinessWire

BlackRock, Inc., acquired eFront

synopsis: BlackRock, a global leader in investment management, risk management and advisory services for institutional & retail clients, has completed the acquisition of eFront, the world’s leading end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock is a global leader in investment management, risk management and advisory services for institutional & retail clients. BlackRock helps clients meet their goals with a range of products that include separate accounts, mutual funds, exchange-traded funds, & other pooled investment vehicles. "
target parent: Bridgepoint
target: eFront
eFront, founded in 1999, is based in Paris and is the leading technology provider for managing the alternatives investment lifecycle, from due diligence and portfolio planning, to performance and risk analysis, across a range of alternative asset classes.
price ($mm)
$1,300
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announced 6/27/2017 via BusinessWire

BlackRock, Inc., will acquire Cachematrix Holdings LLC

synopsis: BlackRock, Inc. has entered into a definitive agreement to acquire Cachematrix, a leading provider of financial technology which simplifies the cash management process for banks and their corporate clients in a streamlined, open-architecture platform.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock is a global leader in investment management, risk management and advisory services for institutional & retail clients. BlackRock helps clients meet their goals with a range of products that include separate accounts, mutual funds, exchange-traded funds, & other pooled investment vehicles. "
target: Cachematrix Holdings LLC
Cachematrix is a leading provider of financial technology which simplifies the cash management process for banks and their corporate clients in a streamlined, open-architecture platform. Cachematrix supports approximately $200 billion in client assets.
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announced 8/26/2015 via BusinessWire

BlackRock, Inc., will acquire FutureAdvisor

synopsis: BlackRock, Inc. has entered into a definitive agreement to acquire FutureAdvisor, a leader in digital wealth management. FutureAdvisor will operate as a business within the firm’s investment and risk management platform. They will provide financial institutions with technology-enabled advice capabilities to improve clients’ investment experience.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. They help clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares®, and more. "
target: FutureAdvisor
FutureAdvisor is an award-winning investment advisory firm that manages existing IRA, Roth, taxable accounts, and other investment accounts. They automatically monitor, rebalance, and tax-manage clients' current investments, adding low-fee index funds where necessary to bolster portfolios.
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announced 7/16/2008 via BusinessWire

BlackRock, Inc., will acquire Impact Investing

synopsis: BlackRock, Inc. will acquire Impact Investing, a Sydney, Australia based software development company specializing in equity portfolio management and analytical software tools. Impact will be fully integrated into BlackRock Solutions.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock® is a premier provider of global investment management, risk management and advisory services to institutional and retail clients around the world. "
target: Impact Investing
Impact Investing Pty, Ltd. operates as a software development company. The company specializes in developing analytical software tools for equity portfolio managers that aid them in their day to day role of managing money, constructing portfolios, and communicating their conclusions and results.
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announced 8/26/2015 via BusinessWire

BlackRock, Inc., will acquire FutureAdvisor

synopsis: BlackRock, Inc. has entered into a definitive agreement to acquire FutureAdvisor, a leader in digital wealth management. FutureAdvisor will operate as a business within the firm’s investment and risk management platform. They will provide financial institutions with technology-enabled advice capabilities to improve clients’ investment experience.
buyer: BlackRock, Inc. (BLK:$13,880.00)
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. They help clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares®, and more. "
target: FutureAdvisor
FutureAdvisor is an award-winning investment advisory firm that manages existing IRA, Roth, taxable accounts, and other investment accounts. They automatically monitor, rebalance, and tax-manage clients' current investments, adding low-fee index funds where necessary to bolster portfolios.
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closed 5/12/2008 via Company Press Release

The Bank of New York Mellon Corporation, acquired LAMP Technologies LLC

synopsis: The Bank of New York Mellon, a global leader in asset management and securities servicing, announced that it has acquired the fund of hedge funds administrative services business of LAMP Technologies LLC, a Dallas-based alternative investment administrator.
buyer: The Bank of New York Mellon Corporation (BK:$400.00)
The Bank of New York Mellon is a leading asset management and securities services company, uniquely focused to help clients manage and move their financial assets and succeed in the rapidly changing global marketplace. "
target: LAMP Technologies LLC
LAMP Technologies LLC pairs world-class professionals with a state-of-the-art technology platform. Rather than depending on software vendors, LAMP develops highly integrated systems that leverage our decades of experience in the alternative investments industry.
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closed 2/6/2006 via PR Newswire

Nasdaq Stock Market Inc., acquired Shareholder.com

synopsis: The Nasdaq Stock Market, Inc. announced it has completed its previously announced acquisition of Shareholder.com. Shareholder.com will operate as a wholly owned subsidiary of NASDAQ, now in its 14th year of providing best-in-class shareholder communications and intelligence services to publicly listed companies.
buyer parent: NASD
buyer: Nasdaq Stock Market Inc. (NasdaqGS:NDAQ:$4,262.00)
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. "
target: Shareholder.com
Shareholder.com has 11 years of experience facilitating communications and increasing transparency among listed companies, their shareholders and the investment community.
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closed 3/8/2006 via PR Newswire

Archipelago Holdings, L.L.C. merged with New York Stock Exchange, Inc.,

synopsis: NYSE Group, Inc. becomes a publicly-held company following the completion of the merger between The New York Stock Exchange and the Archipelago Exchange.
buyer: New York Stock Exchange, Inc. (NYX:$3,749.00)
NYSE Euronext operates the world's largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. "
target: Archipelago Holdings, L.L.C.
In January 1997, the U.S. Securities and Exchange Commission (SEC) implemented new Order Handling Rules that revolutionized trading in Nasdaq securities.
price ($mm)[EV]
$798 [$606]
rev ($mm)
$528
EBITDA ($mm)
$90
EV / rev
1.1x
EV / EBITDA
6.8x
announced 8/26/2020 via BusinessWire

Valuesetters, will be merged with Netcapital

synopsis: ValueSetters, a publicly-traded boutique advisory firm with unique expertise in helping private companies raise capital over the internet, is to merge with Netcapital, a private securities platform that connects investors to entrepreneurs to help private companies grow.
buyer: Valuesetters (OTCPK:VSTR:$1.75)
Led by a team of professional investors, digital marketing experts, and technology specialists, ValueSetters is a publicly-traded boutique advisory firm with unique expertise in helping private companies raise capital over the internet. "
target: Netcapital
Netcapital is a private securities platform that connects investors to entrepreneurs to help private companies grow. Netcapital operates an investment portal that enables investors to set up an account online, browse information on private companies offering securities on the platform, and invest.
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announced 8/26/2020 via BusinessWire

Valuesetters, will be merged with Netcapital

synopsis: ValueSetters, a publicly-traded boutique advisory firm with unique expertise in helping private companies raise capital over the internet, is to merge with Netcapital, a private securities platform that connects investors to entrepreneurs to help private companies grow.
buyer: Valuesetters (OTCPK:VSTR:$1.75)
Led by a team of professional investors, digital marketing experts, and technology specialists, ValueSetters is a publicly-traded boutique advisory firm with unique expertise in helping private companies raise capital over the internet. "
target: Netcapital
Netcapital is a private securities platform that connects investors to entrepreneurs to help private companies grow. Netcapital operates an investment portal that enables investors to set up an account online, browse information on private companies offering securities on the platform, and invest.
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closed 9/6/2018 via BNC Analysis

Charleston Capital Management, acquired EquityBender

synopsis: Charleston Capital Management, an alternative asset manager, has acquired EquityBender, a company that provides an online platform for investors to identify, evaluate, and invest in early-stage media, technology, and consumer companies that meet their personal portfolio requirements.
buyer: Charleston Capital Management
Charleston Capital Management is an alternative asset manager that seeks to generate attractive, absolute returns by opportunistically and tactically investing in areas where conventional sources of capital are disproportionately unavailable. "
target: EquityBender
EquityBender provides an online platform for investors to identify, evaluate, and invest in early-stage media, technology, and consumer companies that meet their personal portfolio requirements.
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closed 4/21/2008 via BusinessWire

Marco Polo Network, Inc., acquired XTF.com

synopsis: Marco Polo Network, the largest platform for electronic trading of securities listed and traded on Emerging Markets exchanges, today announced the acquisition of the trademarks, intellectual property IT infrastructure and consumer facing assets of XTF Global Asset Management Inc., an ETF research and ETF based investment advisor.
buyer parent: NYSE Euronext
buyer: Marco Polo Network, Inc.
Marco Polo Network is currently the largest independent platform for electronic trading of securities listed and traded on Emerging Markets exchanges. MPN’s trading platform allows global investors transparent and cost efficient electronic access to over 70 local exchanges in 42 emerging markets. "
target: XTF.com
XTF Global Asset Management LLC is an investment firm dedicated to helping investors harness the power of Exchange Traded Funds (ETFs). We offer a broad range of products, services and technologies that can help you to understand the role ETFs can play in enhancing investment returns.
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closed 12/31/2007 via

BinckBank, acquired Alex Beleggersbank

synopsis: Rabobank Nederland has decided to sell Alex Beleggersbank to the listed internet broker BinckBank. Alex will continue to exist as a separate brand under the ownership of BinckBank and will retain its own positioning.
buyer: BinckBank (:$186.53)
BinckBank N.V., formerly Binck N.V., is a Netherlands-based online bank for investors. The Company offers investors cost-effective access to international securities markets, including the processing of securities and cash transactions and market information. "
target parent: RaboBank
target: Alex Beleggersbank
Alex has more than 100,000 customers and is market leader in the field of online investment. Alex Beleggersbank is the largest originator of private orders on the Euronext derivatives exchange. Alex Beleggersbank has been the recipient of numerous awards through the years.
price ($mm)
$564
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closed 5/3/2019 via Company Press Release

Ideanomics, acquired Delaware Board of Trade Holdings, Inc

synopsis: Ideanomics, a global Fintech and AI catalyst for transformative industries, announced it has acquired an additional 71.7% ownership in Delaware Board of Trade Holdings, Inc, operator of DBOT ATS LLC, DBOT Issuer Services LLC and DBOT Technology Services LLC.
buyer: Ideanomics (IDEX:$18.00)
Ideanomics is a global Fintech and AI catalyst for transformative industries. Ideanomics combines deal origination and enablement with the application of blockchain and artificial intelligence technologies as part of the next-generation of financial services. "
target: Delaware Board of Trade Holdings, Inc
The Delaware Board of Trade Holdings operates 3 companies: DBOT ATS LLC, their SEC recognized Alternative Trading System; DBOT Issuer Services LLC, focused on setting & maintaining issuer standards; and DBOT Technology Services LLC, focused on the provision of market data & marketplace connectivity.
price ($mm)
$18*
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announced 6/27/2018 via BNC Analysis

Santeon Inc., will acquire Corum, LLC

synopsis: Santeon, a leading technology company, has agreed to acquire Corum, LLC. Corum provides CorumX, a Crypto-currency and ICO Trading Platform. Corum is a pioneer in secure, high-volume, scalable online transaction-based technology. The platform is secure, easy to use, reliable, always available and focused on protecting each stakeholder transaction.
buyer: Santeon Inc. (SANT:$5.42)
Santeon Inc. is a technology company that enables organizations to optimize performance and maximize revenues through managed processes - solving complex business process, compliance and integration challenges from both a system integration and a human process perspective. "
target: Corum, LLC
Corum, LLC is the developer of the Crypto-currency and ICO Trading Platform CorumX. Corum is a pioneer in secure, high-volume, scalable online transaction-based technology. The platform is secure, easy to use, reliable, always available and focused on protecting each stakeholder transaction.
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announced 10/5/2020 via Company Press Release

Seedrs will be merged with Crowdcube Limited,

synopsis: Crowdcube and Seedrs will merge, in a move that will accelerate their shared plan to create the world’s largest private equity marketplace and further democratise investment. Seedrs is the world’s leading equity crowdfunding platform. Seedrs makes it simple for anyone to become investors in ambitious, growth-focused European businesses.
buyer: Crowdcube Limited
Crowdcube is a leading equity crowdfunding platform for entrepreneurs of start-ups and growing businesses to connect with potential investors. Dedicated to helping UK-based entrepreneurs raise finance to start or grow their business, Crowdcube gives investors real equity in the companies they fund. "
target: Seedrs
Seedrs is the world’s leading equity crowdfunding platform. Seedrs makes it simple for anyone—from angels and venture capitalists, to friends and family—to become investors in ambitious, growth-focused European businesses.
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announced 5/27/2020 via BNC Analysis

M&G plc, will acquire Ascentric

synopsis: M&G, an international savings and investment business, will acquire Ascentric from Royal London, a mutual life insurance, pensions and investment company in the UK. Ascentric is a digital wrap and wealth management platform in the UK. Ascentric's platform enables financial advisers to manage their clients’ financial needs in just one place.
buyer: M&G plc (LSE:MNG:$41,560.33)
M&G is an international savings and investment business. M&G serves customers through two brands: M&G Investments - an asset manager; and Prudential which manages long-term savings, investments and retirement solutions. M&G manages investments for both individuals and large institutional investors. "
target parent: Royal London
target: Ascentric
Ascentric is a leading digital wrap and wealth management platform in the UK. Ascentric offers a fully integrated online investment management and dealing platform that enables financial advisers to manage their clients’ financial needs in just one place.
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closed 1/7/2011 via Market Wire

Broadridge Financial Solutions, Inc., acquired Matrix Financial Solutions

synopsis: Broadridge Financial Solutions, Inc. has announced the closing of its acquisition of Matrix Financial Solutions, Inc., the leading independent provider of mutual fund processing solutions for the defined contribution market.
buyer: Broadridge Financial Solutions, Inc. (BR:$4,338.00)
Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. "
target parent: Bluff Point Associates
target: Matrix Financial Solutions
Matrix Financial Solutions is a leading provider of retirement products and services for third party administrators, financial advisors and banks. Matrix serves more than 300 financial institutions with over $120 billion in customer assets processed through its trading platform.
price ($mm)
$201
rev ($mm)
$80
EBITDA ($mm)
EV / rev
2.5x
EV / EBITDA
closed 7/13/2006 via BusinessWire

E*TRADE Professional Trading, LLC, acquired E*TRADE Professional Trading, LLC

synopsis: Lightspeed Holdings, LLC, a leading independent provider of brokerage services for institutional and professional traders, today announced it has completed the acquisition of E*TRADE Professional Trading, LLC and ETP Technologies, LLC from E*TRADE FINANCIAL Corporation.
buyer: E*TRADE Professional Trading, LLC
Lightspeed Professional Trading, LLC is a Direct Market Access trading and trading technology development business. Formerly E*TRADE Professional Trading, LLC, the firm was acquired by the current management team in a management buyout from E*TRADE Financial in 2006. "
target parent: E-Trade Financial Corp.
target: E*TRADE Professional Trading, LLC
Lightspeed Professional Trading, LLC is a Direct Market Access trading and trading technology development business. Formerly E*TRADE Professional Trading, LLC, the firm was acquired by the current management team in a management buyout from E*TRADE Financial in 2006.
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closed 8/13/2020 via BNC Analysis

FUNDtastic, acquired Invisee

synopsis: FUNDtastic, a leading wealth platform in Indonesia, has acquired Invisee, a mutual fund investment app in Indonesia that aims to make investing easier and fun. Invisee helps new and advanced investors to invest in mutual funds that best match their goals and needs.
buyer: FUNDtastic
FUNDtastic is a leading wealth platform in Indonesia. FUNDtastic's app provides users with strategies and financial plans that suits their risk profile and financial goals. The platform enables people to easily buy and sell mutual funds, gold, insurance and other investment instruments. "
target: Invisee
Invisee is a mutual fund investment app in Indonesia that aims to make investing easier and fun. Invisee helps new and advanced investors to invest in mutual funds that best match their goals and needs. Their tools allow users to plan their goals and monitor their investments in real time.
price ($mm)
$6.50
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closed 7/29/2020 via PR Newswire

Niyo, acquired Goalwise

synopsis: Niyo, India's leading and fastest growing Neo-bank, has acquired Goalwise, India's first fully managed online and mobile mutual fund investment platform. Goalwise's goal-based platform makes investing simple and transparent. The platform helps investors to find mutual funds that best match their financial goals.
buyer: Niyo
Niyo is India's leading and fastest growing Neo-bank. Niyo makes banking simple, smart and transparent for everyone. Their products allow their users to safely spend their money overseas, pay bills, transfer funds, make online purchases, and access ATMs anywhere in the world. "
target: Goalwise
Goalwise is India's first fully managed online and mobile mutual fund investment platform. Goalwise's goal-based platform makes investing simple and transparent. The platform helps investors to find mutual funds that best match their financial goals and continuously monitors their investments.
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announced 5/28/2020 via BusinessWire

Guru Capital, will acquire ETX Capital

synopsis: Guru Capital, a Switzerland-based private equity firm, will acquire ETX Capital from JRJ Group, a leading international private equity investment firm. ETX Capital is a leading provider of financial spread betting, forex and CFDs in the UK. ETX Capital offers online trading services for forex, commodities, cryptocurrencies, shares, and indices.
buyer: Guru Capital
Guru Capital is a Switzerland-based private equity firm with specific experience in the CFD space. Guru Capital seeks investment opportunities with active companies in the EMEA and APAC regions whom have a special focus on FX & CFD. "
target parent: JRJ Group
target: ETX Capital
ETX Capital is a leading provider of financial spread betting, forex and CFDs in the UK. ETX Capital offers online trading services for forex, commodities, cryptocurrencies, shares, and indices. Their platform empowers traders to stay ahead of financial markets with advanced research tools.
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closed 12/16/2019 via BusinessWire

YieldStreet, Inc., acquired WealthFlex

synopsis: YieldStreet has acquired WealthFlex, a digital IRA platform providing investors with access to private investment opportunities through self-directed IRAs. The acquisition expands YieldStreet’s product portfolio to include a tech-forward IRA offering, while providing investors with greater access to alternative investment opportunities.
buyer: YieldStreet, Inc.
YieldStreet is striving to become the world’s largest digital wealth management platform to help investors realize their next level. YieldStreet transforms the investing landscape by opening up access to institutional quality investments for individual investors across a range of asset classes. "
target: WealthFlex
WealthFlex is transforming the self-directed IRA by offering an ultra-intuitive online platform that makes it easy, fast, flexible, and cost-effective to access higher-yield private investments. WealthFlex provides instant access to investable cash with no need for plan administrator involvement.
price ($mm)
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announced 8/26/2019 via BNC Analysis

Fosun, will acquire The NAGA Group AG

synopsis: Fosun International Limited, a Chinese international conglomerate and investment company, will acquire a majority stake in The Naga Group AG, a German fintech company. NAGA's flagship product, NAGA Trader, is a social investing network that allows traders to like, share and copy investments on stocks, crypto and other CFDs.
buyer: Fosun (SEHK:656:$18,754.93)
Fosun International Limited is a Chinese international conglomerate and investment company. Fosun's mission is to create customer-to-maker (C2M) ecosystems in health, happiness and wealth, providing high-quality products and services for families around the world. "
target: The NAGA Group AG (XTRA:N4G:$19.65)
The NAGA Group is a German fintech company. NAGA's flagship product, NAGA Trader, is a social investing network that allows traders to like, share and copy investments on stocks, crypto and other CFDs. Their users can invest in Uber, Brent Oil, Bitcoin and over 800 other markets.
price ($mm)
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Geography
Matching Companies
Ticker: BEN
 
 
 
 
 
 
 
 
Franklin Templeton Investments
Franklin Templeton Investments
Franklin Resources is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton. Through specialized teams, the company has expertise across all asset classes, including equity, fixed income, alternatives, and custom multi-asset solutions.
year
2020
rev ($mm)
$5,680.20
EBITDA ($mm)
$1,606.70
EBIT ($mm)
$1,553.30
Net Income ($mm)
$981.90
Employees
0
  • drill down
  • watch
Ticker: IVZ
 
 
 
 
 
 
 
 
Invesco Ltd.
Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. Invesco provides a wide range of investment strategies and vehicles to their clients around the world.
year
2019
rev ($mm)
$5,630.50
EBITDA ($mm)
$1,492.60
EBIT ($mm)
$1,331.00
Net Income ($mm)
$563.50
Employees
0
  • drill down
  • watch
Ticker: LSE:MNG
 
 
 
 
 
 
 
 
M&G plc
M&G plc
M&G is an international savings and investment business. M&G serves customers through two brands: M&G Investments - an asset manager; and Prudential which manages long-term savings, investments and retirement solutions. M&G manages investments for both individuals and large institutional investors.
year
2019
rev ($mm)
$41,560.33
EBITDA ($mm)
$5,143.02
EBIT ($mm)
$5,027.70
Net Income ($mm)
$1,403.90
Employees
6000
  • drill down
  • watch
Ticker: BLK
 
 
 
 
 
 
 
 
BlackRock, Inc.
BlackRock, Inc.
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. They help clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares®, and more.
year
2019
rev ($mm)
$13,880.00
EBITDA ($mm)
$5,602.00
EBIT ($mm)
$5,300.00
Net Income ($mm)
$4,199.00
Employees
0
  • drill down
  • watch
Ticker: LEH
 
 
 
 
 
 
 
 
Lehman Brothers
Lehman Brothers, an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide.
year
2007
rev ($mm)
$59,003.00
EBITDA ($mm)
$6,590.00
EBIT ($mm)
$6,013.00
Net Income ($mm)
$4,192.00
Employees
  • drill down
  • watch
Ticker: JRJC
 
 
 
 
 
 
 
 
China Finance Online Co.
China Finance Online Co.
China Finance Online Co. Limited specializes in providing online financial and listed company data and information in China. Through its website the company offers subscription-based service packages that integrate financial and listed company data and information from multiple sources.
year
2015
rev ($mm)
$92.55
EBITDA ($mm)
$10.02
EBIT ($mm)
$8.19
Net Income ($mm)
$16.09
Employees
1500
  • drill down
  • watch
Ticker: SEIC
 
 
 
 
 
 
 
 
SEI Investments
SEI Investments
SEI is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth.
year
2017
rev ($mm)
$1,427.27
EBITDA ($mm)
$409.53
EBIT ($mm)
$382.40
Net Income ($mm)
$345.06
Employees
  • drill down
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Ticker: KCG
 
 
 
 
 
 
 
 
KCG Holdings, Inc.
KCG Holdings, Inc.
KCG is a leading independent securities firm offering investors a range of services designed to address trading needs across asset classes, product types and time zones. As one of the world’s largest market makers, KCG combines advanced technology with exceptional client service to improve pricing.
year
2014
rev ($mm)
$1,211.64
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$12.26
Employees
1153
  • drill down
  • watch
Ticker: AX
 
 
 
 
 
 
 
 
Axos Financial, Inc
Axos Financial, Inc
Axos Financial, Inc., is the holding company for Axos Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables.
year
2018
rev ($mm)
$430.32
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$164.05
Employees
873
  • drill down
  • watch
Ticker: ENXTPA:AMUN
 
 
 
 
 
 
 
 
Amundi
Amundi
Amundi is the leading European asset manager in terms of assets under management, and ranks in the top 10 worldwide. The Group manages more than 1,470 billion euros and six main management platforms.
year
2018
rev ($mm)
$4,686.91
EBITDA ($mm)
$1,142.78
EBIT ($mm)
$1,110.35
Net Income ($mm)
$859.24
Employees
0
  • drill down
  • watch
Ticker: LSE:JTC
 
 
 
 
 
 
 
 
JTC PLC
JTC PLC
JTC PLC is an award-winning provider of fund, corporate and private client services to institutional and private clients. Founded in 1987, JTC has more than 900 people working across its global office network and is trusted to administer more than $130 billion of client assets.
year
2019
rev ($mm)
$108.81
EBITDA ($mm)
$32.57
EBIT ($mm)
$23.81
Net Income ($mm)
$17.20
Employees
700
  • drill down
  • watch
Ticker: AIM:MJH
 
 
 
 
 
 
 
 
MJ Hudson
MJ Hudson
MJ Hudson helps fund managers and investors operate more efficiently and invest more successfully. Their services include law, fund management solutions, international fiduciary, investment advisory, and IR & marketing. MJ Hudson has office across Europe's major asset management centres.
year
2019
rev ($mm)
$24.79
EBITDA ($mm)
($1.96)
EBIT ($mm)
($2.70)
Net Income ($mm)
Employees
180
  • drill down
  • watch
Ticker: CNSX:VYGR
 
 
 
 
 
 
 
 
Voyager Digital Ltd. Holdings Inc.
Voyager Digital Ltd. Holdings Inc.
Voyager is a crypto asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers investors best execution, data, wallet and custody services through its institutional-grade open architecture platform.
year
2019
rev ($mm)
$0.23
EBITDA ($mm)
($10.89)
EBIT ($mm)
($11.01)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: JASDAQ:870
 
 
 
 
 
 
 
 
Traders Holdings Co., Ltd.
Traders Holdings Co., Ltd.
Traders Holdings is a Japanese foreign exchange (FX) and securities trading service provider.
year
2015
rev ($mm)
$21.65
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
48
  • drill down
  • watch
Ticker: FACT
 
 
 
 
 
 
 
 
First Albany Companies, Inc.
Founded in 1953, First Albany remains one of the few institutionally-focused and independent investment banks in the United States. The businesses of First Albany Companies share an entrepreneurial, boutique culture in which client satisfaction and personal and firm-wide accountability are our guide
year
2008
rev ($mm)
$18.26
EBITDA ($mm)
($159.17)
EBIT ($mm)
($179.35)
Net Income ($mm)
Employees
189
  • drill down
  • watch
Ticker: INTL
 
 
 
 
 
 
 
 
INTL FCStone Inc.
INTL FCStone Inc.
INTL FCStone Inc. provides execution and advisory services in commodities, currencies and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 20,000 customers.
year
2019
rev ($mm)
$37,434.30
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$83.20
Employees
2091
  • drill down
  • watch
Ticker: CME
 
 
 
 
 
 
 
 
CME Group
CME Group
As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. Their exchanges offer the widest range of global benchmark products across all major asset classes. The CME Globex® electronic trading platform brings buyers and sellers together.
year
2019
rev ($mm)
$4,593.10
EBITDA ($mm)
$2,975.90
EBIT ($mm)
$2,594.10
Net Income ($mm)
$1,808.00
Employees
4590
  • drill down
  • watch
Ticker: NasdaqGS:NDAQ
 
 
 
 
 
 
 
 
Nasdaq, Inc.
Nasdaq, Inc.
Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence.
year
2019
rev ($mm)
$4,262.00
EBITDA ($mm)
$1,327.00
EBIT ($mm)
$1,137.00
Net Income ($mm)
$774.00
Employees
4339
  • drill down
  • watch