M&A Deal Summary

MarketAxess Acquires Xtrakter Limited

On November 2, 2012, MarketAxess acquired business services company Xtrakter Limited from Euroclear for 26M GBP

Acquisition Highlights
  • This is MarketAxess’ 1st transaction in the Business Services sector.
  • This is MarketAxess’ 2nd largest (disclosed) transaction.
  • This is MarketAxess’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2012-11-02
Target Xtrakter Limited
Sector Business Services
Buyer(s) MarketAxess
Sellers(s) Euroclear
Deal Type Divestiture
Deal Value 26M GBP

Target

Xtrakter Limited

London, United Kingdom
website
Xtrakter Limited is a provider of regulatory transaction reporting, financial market data and trade matching services to the European securities markets.

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Buyer(S) 1

Buyer

MarketAxess

New York, New York, United States

website

Category Company
Founded 2000
Sector Financial Services
Employees881
Revenue 753M USD (2023)
DESCRIPTION

MarketAxess is an electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments using MarketAxess' patented trading technology. MarketAxess was founded in 2000 and is based in New York City.

DEAL STATS #
Overall 2 of 5
Sector (Business Services) 1 of 2
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-11 Greenline Financial Technologies

Chicago, Illinois, United States

Greenline Financial Technologies is a provider of FIX protocol messaging, certification and monitoring services to institutions.

Buy $42M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 MuniBrokers

Jersey City, New Jersey, United States

MuniBrokers is an aggregator of content distribution, trade processing, client connectivity, and liquidity provision for the municipal inter-dealer broker market. MuniBrokers is based in Jersey City.

Buy -

Seller(S) 1

SELLER

Euroclear

Brussels, Belgium

website

Category Company
Founded 1968
Sector Financial Services
DESCRIPTION

Euroclear is a provider of domestic and cross-border settlement and related services for bond, equity, derivatives, and fund transactions. Euroclear was founded in 1968 and is based in Brussels, Belgium.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-26 MFEX Mutual Funds Exchange AB

Stockholm, Sweden

MFEX Mutual Funds Exchange AB is an on-line mutual fund supermarket for retail investors under the name "Fondmarknaden.se". MFEX has developed a seamless electronic platform for online information, payments of trail fees and on-line execution and settlement of funds for Fondmarknaden.se. MFEX Mutual Funds Exchange was founded in 1998 and is based in Stockholm, Sweden.

Buy -
Mergr

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