Add-on Acquisition • Financial Services

Sterling Trading Tech Acquires Lightspeed Financial

On October 21, 2010, Sterling Trading Tech acquired financial services company Lightspeed Financial

Acquisition Context
  • This is Sterling Trading Tech’s 1st transaction in the Financial Services sector.
  • This is Sterling Trading Tech’s 1st transaction in the United States.
  • This is Sterling Trading Tech’s 1st transaction in New York.
Investment Fate
  • Lightspeed Financial merged with another company in 2018.

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M&A Deal Summary

Date October 21, 2010
Target Lightspeed Financial
Sector Financial Services
Buyer(s) Sterling Trading Tech
Deal Type Add-on Acquisition

Target Company

Lightspeed Financial

New York, New York, United States
Lightspeed Financial, Inc. is a provider of direct market access trading technology, risk management solutions, and brokerage services for institutional investors and professional retail active traders.
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Buyer Overview 1

Buyer

Sterling Trading Tech

Chicago, Illinois, United States

Category Company
Founded 2009
Sector Financial Services
DESCRIPTION

Sterling Trading Tech is a solutions provider for active and professional traders as well as hedge funds and prop trading groups. Sterling provides fast, stable, state-of-the-art products and services to the active trading community. Sterling Trading Tech was established in 2009 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 1 of 2
Sector: Financial Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: New York 1 of 1
Country: United States 1 of 2
Year: 2010 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-21 Livevol X

Chicago, Illinois, United States

Livevol X is a trade execution platform for U.S. equities and options. Livevol X supports complex orders and algos, in addition to supporting advanced risk analysis for portfolios including what-if analysis. Top features include the ability to trade volatility skews directly from a skew chart, advanced order entry, 3D risk modeling, and powerful volatility modeling features.

Buy -