Tradeweb Markets - M&A Summary and Business Overview

Financial ServicesCompany

Tradeweb Markets M&A Summary

Tradeweb Markets has acquired 7 companies, including 4 in the last 5 years. A total of 3 acquisitions came from private equity firms.

Tradeweb Markets’ largest acquisition to date was in 2024, when it acquired Institutional Cash Distributors for $785M. Tradeweb Markets has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include financial services (34%) and information technology (34%).

Tradeweb Markets Business Overview

Where is Tradeweb Markets headquartered?

Tradeweb Markets is headquartered in New York, New York.

What is Tradeweb Markets’ revenue?

Tradeweb Markets disclosed revenue of 1,189M USD for 2022 and 1,076M USD for 2021.

How many employees does Tradeweb Markets have?

Tradeweb Markets has 1,091 employees.

What sector is Tradeweb Markets in?

Tradeweb Markets is a financial services company.

When was Tradeweb Markets founded?

Tradeweb Markets was founded in 1996.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4
  • M&A Advisors 4

Tradeweb Markets

Tradeweb Markets Inc.

1177 Avenue of the Americas,
New York, New York 10036
United States,
(646) 430-6000
www.tradeweb.com

Tradeweb Markets is a world leader in building and operating electronic over-the-counter marketplaces. Since 1998 the company has helped transform the way that business gets done in the fixed income and derivatives markets. Tradeweb’s position as the hub of electronic trading in fixed income and derivatives business has been made possible through a longstanding partnership with the industry. Tradeweb Markets was founded in 1996 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 2 - 1 - 2 1 6
vol $200M $190M $89M $785M $1.3B
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Institutional Cash Distributors LLC 2024-04-08 785M USD Add-on Acquisition
San Francisco, California · www.icdportal.com
r8fin 2023-11-16 - Add-on Acquisition
Chicago, United States · www.r8fin.com
Yieldbroker Pty Ltd. 2023-04-26 89M AUD Add-on Acquisition
Sydney, Australia · www.yieldbroker.com
Nasdaq Fixed Income 2021-06-22 190M USD Divestiture
New York, New York
CodeStreet LLC 2016-03-02 - Add-on Acquisition
New York, New York · www.codestreet.com
BondDesk Group LLC 2013-11-01 200M USD Add-on Acquisition
Mill Valley, California · www.bonddeskgroup.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (33%) 390M (31%) - -
Information Technology 2 (33%) 89M (7%) - -
Software 2 (33%) 785M (62%) - -
Total 6 $1.3B - -

By Geo

State/Country Buy Value Sell Value
United States 5 1.2B - -
  New York 2 190M - -
  California 2 985M - -
Australia 1 89M - -
Domestic 5 (83%) 1.2B (93%) - -
Cross-border 1 (17%) 89M (7%) - -
Total 6 $1.3B - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
1
Centerview Partners
1
Goldman Sachs
1
Legal Deals
Fried Frank Harris Shriver & Jacobson LLP
4

Deal Values

buy # Total
$100M to $1B 3 $1.2B
< $100M 1 $89M
TOTAL $1.3B
Largest Institutional Cash Distributors LLC
$785M (2024-04-08)

M&A Connections

Deals
Acquired from
Investor(s)
33%
2 (33%)
Strategic(s)
17%
1 (17%)

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