M&A Deal Summary

Euronext Acquires iBabs BV

On July 10, 2017, Euronext acquired information technology company iBabs BV for 30M EUR

Acquisition Highlights
  • This is Euronext’s 1st transaction in the Information Technology sector.
  • This is Euronext’s 4th largest (disclosed) transaction.
  • This is Euronext’s 2nd transaction in the Netherlands.

M&A Deal Summary

Date 2017-07-10
Target iBabs BV
Sector Information Technology
Buyer(s) Euronext
Deal Type Add-on Acquisition
Deal Value 30M EUR

Target

iBabs BV

Zwaag, Netherlands
iBabs BV is a provider of an efficient and secured board portal solution to close to 1,000 companies and public organisations with more than 77,000 users as of June 2017.

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Buyer(S) 1

Buyer

Euronext

Amsterdam, Netherlands

Category Company
Founded 2000
Sector Financial Services
Employees2,407
Revenue 1.6B EUR (2024)
DESCRIPTION
Euronext's corporate headquarters in Amsterdam.
Euronext's corporate headquarters in Amsterdam.

Euronext is a provider of a broad portfolio of products, services, and platforms that cover the full range of financial market services. Euronext provides listing, trading, market data, indices, clearing, settlement, and custody as well as the development and operation of high-end trading systems. Euronext is based in Amsterdam. Euronext was founded in 2000 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 2 of 13
Sector: Information Technology M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 8
Country: Netherlands M&A 2 of 2
Year: 2017 M&A 2 of 4
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-14 Company Webcast BV

Rotterdam, Netherlands

Company Webcast BV is a provider of high-end webcast and webinar solutions to more than 260 corporates and local governments, through its state-of-the-art platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-14 Fastmatch

New York, New York, United States

FastMatch is a new Electronic Communication Network for foreign exchange trading. FastMatch strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location. The FastMatch ECN is based on the technology underpinning the world's largest Equities crossing system, the Credit Suisse Crossfinder matching engine. This market tested technology gives FastMatch an incredible speed advantage and has the capability of handling thousands of clients simultaneously. Clients include retail brokers, institutions, banks, hedge funds, and proprietary trading firms.

Buy -