M&A Deal Summary

EquiLend Acquires Automated Equity Finance Markets

On August 1, 2016, EquiLend acquired financial services company Automated Equity Finance Markets from PDQ ATS

Acquisition Highlights
  • This is EquiLend’s 1st transaction in the Financial Services sector.
  • This is EquiLend’s 1st transaction in the United States.
  • This is EquiLend’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2016-08-01
Target Automated Equity Finance Markets
Sector Financial Services
Buyer(s) EquiLend
Sellers(s) PDQ ATS
Deal Type Divestiture

Target

Automated Equity Finance Markets

Jersey City, New Jersey, United States
Automated Equity Finance Markets, Inc. (AQS) is a provider of automated securities lending trading in over 5,000 underlying equity, ETF and ADR products.

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Buyer(S) 1

Buyer

EquiLend

New York, New York, United States
Category Company
Founded 2000
Sector Financial Services
DESCRIPTION

EquiLend is a provider of trading and post-trade services for the securities finance industry with offices in New York, London, Hong Kong and Toronto. EquiLend is backed by 10 global financial institutions: BlackRock, Credit Suisse, Goldman Sachs, J.P. Morgan Clearing, J.P. Morgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Northern Trust, State Street and UBS. EquiLend is based in New York City.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

PDQ ATS

Glenview, Illinois, United States
Category Company
Sector Financial Services
DESCRIPTION

PDQ ATS, Inc. is an independent alternative trading system (ATS), based in Glenview, Ill., that optimizes liquidity aggregation for market participants via an innovative auction process.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
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