Pax Clearing - Ownership and Business Overview

Financial ServicesCompany

Pax Clearing Ownership

Who owns Pax Clearing?

Pax Clearing is owned by Merrill Lynch Wealth Management. It was acquired on April 29, 2005.

Was Pax Clearing formerly PE-backed?

Yes. Pax Clearing was formerly owned by 1 private investor.

Pax Clearing Business Overview

Where is Pax Clearing headquartered?

Pax Clearing is headquartered in Chicago, Illinois.

What sector is Pax Clearing in?

Pax Clearing is a financial services company.

When was Pax Clearing founded?

Pax Clearing was founded in 1996.

Financial Services M&A Summary in 2005

Out of 60 sectors in the Mergr database, financial services ranked 9 in number of deals in 2005. The largest financial services acquisition in 2005 was MBNA - which was acquired by Bank of America for $35.0B.

Join Mergr to view all 110 acquisitions of financial services companies in 2005, including 30 acquisitions by private equity firms, and 80 by strategics.

Pax Clearing Corp.

440 South La Salle Street, Suite 3100,
Chicago, Illinois 60605-1028
United States,
(212) 449-1000
www.paxclearing.com

Pax Clearing Corp. is a full-service options, stock and futures clearing firm.


Company Summary

SECTOR

Financial Services

Established

1996

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