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M&A Deal Summary

Gresham Technologies Acquires B2 Group

On July 4, 2018, Gresham Technologies acquired software company B2 Group

Acquisition Highlights
  • This is Gresham Technologies’ 2nd transaction in the Software sector.
  • This is Gresham Technologies’ 1st transaction in Luxembourg.

M&A Deal Summary
Date 2018-07-04
Target B2 Group
Sector Software
Buyer(s) Gresham Technologies
Deal Type Add-on Acquisition

Target

B2 Group

Senningerberg, Luxembourg
B2 Group Ltd. is a provider of payments, funds and FX automation and integration STP software and consultancy solutions to banks, corporates, insurers and fund administrators across the world, especially in Europe, the Middle East and Africa. B2 Group Ltd. was founded in 2001 and is based in Senningerberg, Luxembourg.

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Buyer(S) 1

Buyer

Gresham Technologies

London, United Kingdom
Category Company
Founded 1969
Sector Software
Employees241
Revenue 49M GBP (2023)
DESCRIPTION

Gresham Technologies is a software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, customers include some of the world’s largest financial institutions, all of whom are served locally from offices located in Europe, North America and Asia Pacific. Gresham Technologies was founded in 1969 and is based in London, the United Kingdom.

DEAL STATS #
Overall 2 of 3
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 3
Country (Luxembourg) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 C24 Technologies

London, United Kingdom

C24 Technologies Ltd. is a niche financial markets software product business, specialising in standards-based financial messaging and integration solutions, and is currently owned by John Davies, Wayne Meikle and Stephen Miller (being the vendors under the terms of the SPA). C24 adds a customer base of around 35 clients distributed across the UK and Continental Europe, North America and Japan, the majority of which are blue-chip financial institutions including many globally recognised names.

Buy £5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-22 Electra

New York, New York, United States

Electra provides post-trade operations workflow solutions and data services for reconciliation, trade matching, settlement, and fee billing to global institutional buy-side firms. Asset managers, hedge funds, fund administrators, and outsourced service providers use Electra solutions across their middle and back offices to reduce and manage risk start to finish, improve operational efficiencies, accelerate fee billing and revenues, and enhance counterparty and investor experiences. Firms can quickly scale to business demands and gain value from Electra’s innovative, patented technology across the post-trade process. Electra was formed in 1998 and is based in New York, New York.

Buy $39M
Mergr

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