Neonet AB provides a comprehensive suite of advanced algorithmic trading, smart order routing and sales trading primarily in European equities across 30 public and private markets to approximately 200 clients in more than 20 countries. Neonet strives to deliver transparent execution services to banks, brokers and financial institutions with an optimized balance of quality and cost. The acquisition will strengthen KCG's reach in continental Europe and will enable both KCG's and Neonet's clients to access a more complete range of international execution services and capabilities.
Neonet AB was acquired by KCG Holdings on July 27, 2016.
Join Mergr to view all 195 acquisitions of financial services companies in 2016, including 18 acquisitions by private equity firms, and 177 by strategics.
Out of 60 sectors in the Mergr database, financial services ranked 12 in number of deals in 2016. The largest financial services acquisition in 2016 was Scottrade Financial Services - which was acquired by TD Ameritrade Holding for $4.0B.
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