M&A Deal Summary

TMX Acquires Trayport

On October 27, 2017, TMX acquired software company Trayport from ICE for 550M EUR

Acquisition Highlights
  • This is TMX’s 2nd transaction in the Software sector.
  • This is TMX’s 0th largest (disclosed) transaction.
  • This is TMX’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-10-27
Target Trayport
Sector Software
Buyer(s) TMX
Sellers(s) ICE
Deal Type Divestiture
Deal Value 550M EUR

Target

Trayport

London, United Kingdom
website
Trayport Ltd. is a provider of an electronic trading systems and matching engine solutions for broking, exchange, and trading markets in the United Kingdom and internationally. Trayport was founded in 1992 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

TMX

Toronto, Ontario, Canada

website


Category Company
Founded 2011
Sector Financial Services
Employees1,385
Revenue 1.1B CAD (2022)
DESCRIPTION

TMX is an integrated, multi-asset class exchange group. TMX Group's businesses operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. It also provide clearing facilities, data products and other services to the international financial community. TMX was based in 2011 and is based in Toronto, Ontario.


DEAL STATS #
Overall 3 of 8
Sector (Software) 2 of 2
Type (Divestiture) 1 of 1
Country (United Kingdom) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-27 Shorcan Energy Brokers

Calgary, Alberta, Canada

Shorcan Energy Brokers, Inc. is a provider of brokerage services for the North American crude oil markets. Shorcan Energy Brokers is based in Calgary, Alberta.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-25 American Stock Transfer & Trust

Brooklyn, New York, United States

American Stock Transfer & Trust Co. LLC (AST) is a full-service, tech-enabled professional services firm that helps companies and shareholders across North America maintain momentum through the use of secure corporate data, analytics, advisory services, and a strategic approach to every interaction. AST was established in 1971 and is based in Brooklyn, New York.

Buy $165M

Seller(S) 1

SELLER

ICE

Atlanta, Georgia, United States

website


Category Company
Founded 2000
Sector Financial Services
Employees8,911
Revenue 9.6B USD (2022)
DESCRIPTION
Entrance to Intercontinental Exchange's corporate headquarters in Atlanta, Georgia.
Entrance to Intercontinental Exchange's corporate headquarters in Atlanta, Georgia.

ICE is a network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. ICE was formed in 2000 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 4 of 6
Sector (Software) 1 of 1
Type (Divestiture) 3 of 3
Country (United Kingdom) 1 of 1
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-27 Shorcan Energy Brokers

Calgary, Alberta, Canada

Shorcan Energy Brokers, Inc. is a provider of brokerage services for the North American crude oil markets. Shorcan Energy Brokers is based in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 BondPoint

New York, New York, United States

Creditex Securities Corp. is a provider of electronic fixed income trading solutions for the buy-side and sell-side offering access to centralized liquidity and automated trade execution services through its alternative trading system (ATS) linking more than 500 financial services firms.

Buy $400M