M&A Deal Summary

BGC Acquires Liquidez DTVM

On August 26, 2008, BGC acquired financial services company Liquidez DTVM

Acquisition Highlights
  • This is BGC’s 3rd transaction in the Financial Services sector.
  • This is BGC’s 1st transaction in Brazil.

M&A Deal Summary

Date 2008-08-26
Target Liquidez DTVM
Sector Financial Services
Buyer(s) BGC
Deal Type Add-on Acquisition

Target

Liquidez DTVM

Centro, Brazil
Liquidez DTVM Ltda. is a brazilian financial institution and inter-dealer broker for products including foreign exchange derivatives, commodities, equities, and interest rate products.

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Buyer(S) 1

Buyer

BGC

New York, New York, United States

Category Company
Founded 1945
Sector Financial Services
Employees3,971
Revenue 2.2B USD (2024)
DESCRIPTION

BGC is a global brokerage company primarily servicing the wholesale financial and real estate markets. Products include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. BGC also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and non-financial institutions. BGC was incorporated in 1945 and is based in New York, New York.


DEAL STATS #
Overall 6 of 22
Sector: Financial Services M&A 3 of 8
Type: Add-on Acquisition M&A Deals 5 of 21
Country: Brazil M&A 1 of 1
Year: 2008 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-20 Radix Energy

Singapore, Singapore

Radix Energy LP is an energy broker providing services to clients in the wholesale markets throughout Asia. Founded in 2000, it covers multiple products including: crude oil, naptha, middle distillates, fuel oil and freight swap derivatives.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-13 Newmark Grubb Knight Frank

New York, New York, United States

Newmark Grubb Knight Frank is a commercial real estate advisory firm.

Buy -