M&A Deal Summary

BGC Acquires Radix Energy

On February 20, 2008, BGC acquired energy services and equipment company Radix Energy

Acquisition Highlights
  • This is BGC’s 1st transaction in the Energy Services and Equipment sector.
  • This is BGC’s 1st transaction in Singapore.

M&A Deal Summary

Date 2008-02-20
Target Radix Energy
Sector Energy Services and Equipment
Buyer(s) BGC
Deal Type Add-on Acquisition

Target

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.

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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 5 of 22
Sector: Energy Services and Equipment M&A 1 of 3
Type: Add-on Acquisition M&A Deals 4 of 21
Country: Singapore M&A 1 of 1
Year: 2008 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-31 Trayport

London, United Kingdom

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-26 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.

Buy -