M&A Deal Summary

Bloomberg Acquires Geller & Co.

On July 7, 2021, Bloomberg acquired business services company Geller & Co.

Acquisition Highlights
  • This is Bloomberg’s 3rd transaction in the Business Services sector.
  • This is Bloomberg’s 5th transaction in the United States.
  • This is Bloomberg’s 3rd transaction in New York.

M&A Deal Summary

Date 2021-07-07
Target Geller & Co.
Sector Business Services
Buyer(s) Bloomberg
Deal Type Add-on Acquisition

Target

Geller & Co.

New York, New York, United States
Geller & Co. and its subsidiary, Geller Advisors LLC provide individuals, families, business owners, institutions, and non-profits with strategic financial advisory and wealth management services. These services, delivered by 325 professionals post transaction, include CFO, financial, tax and estate planning, investment management, philanthropic giving, and technology. Geller Advisors is a multi-family office that has more than $9 billion of assets under management and advisement. Geller & Co. is based in New York, New York.

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Buyer(S) 1

Buyer

Bloomberg

New York, New York, United States

Category Company
Founded 1982
Sector Information Services
DESCRIPTION

Bloomberg is a financial technology firm that supplies data, reports and analytics services to clients worldwide. Bloomberg's media services cover the world with more than 2,200 news and multimedia professionals at 146 bureaus in 72 countries.


DEAL STATS #
Overall 9 of 10
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 7 of 7
State: New York M&A 3 of 4
Country: United States M&A 5 of 6
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-24 Second Measure

San Mateo, California, United States

Second Measure is a technology company and a provider of data analytics that deliver valuable insights into company performance and consumer behavior. Using data from billions of anonymized transactions, Second Measure has created self-service analytics products for daily tracking and real-time exploration of 5,200+ public and private companies. Some of the world’s largest brands and investment firms rely upon Second Measure to make faster and better decisions. Clients use Second Measure to discover new markets, gain an advantage in financial investments, and inform their competitive strategies. A Y Combinator alumnus (YC2015), the company is based in the Bay Area with an office in New York.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-13 Broadway Technology

New York, New York, United States

Broadway Technology is a provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. Broadway's solutions handle over $100 trillion of trading volumes annually within the fixed income and foreign exchange markets. Broadway Technology was founded in 2003 and is based in New York.

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