Secondary Buyout • Financial Services

Guru Capital Acquires OvalX

On May 29, 2020, private equity firm Guru Capital acquired financial services company OvalX from JRJ Group

Acquisition Context
  • This is Guru Capital’s 1st transaction in the Financial Services sector.
  • This is Guru Capital’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date May 29, 2020
Target OvalX
Sector Financial Services
Buyer(s) Guru Capital
Sellers(s) JRJ Group
Deal Type Secondary Buyout

Target Company

OvalX

London, United Kingdom
OvalX is a betting and CFD trading company that provides investors with unrivaled levels of customer support from friendly, knowledgeable staff, all delivered with the utmost client confidentiality. OvalX was formed in 1965 and is based in London, United Kingdom.
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Buyer Overview 1

DESCRIPTION

Guru Capital is a private equity firm focused on financial services investments across Europe, the Middle East, Africa, and Asia-Pacific. Specific areas of interest include foreign exchange, brokerage, and financial technology. The Firm invests in a variety of situations and also provides consulting services to investment funds. Guru Capital was founded in 2019 and is based in Rolle, Switzerland.


Deal Context for Buyer #
Overall 1 of 1
Sector: Financial Services 1 of 1
Type: Secondary Buyout 1 of 1
Country: United Kingdom 1 of 1
Year: 2020 1 of 1

Seller Profile 1

SELLER
DESCRIPTION

JRJ?Group is a growth-oriented private equity investment firm looking to partner with entrepreneurs, primarily in the financial services sector. The Firm will consider opportunities throughout Europe and North America, and in addition to providing capital, JRJ offers operational expertise and strategic guidance to help portfolio companies scale. JRJ?Group was founded in 2009 and is headquartered in London, United?Kingdom.


Deal Context for Seller #
Overall 1 of 2
Sector: Financial Services 1 of 2
Type: Secondary Buyout 1 of 1
Country: United Kingdom 1 of 2
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-01 Optimum Finance

Bristol, United Kingdom

Optimum Finance is an Independent provider of innovative invoice finance solutions focusing on UK SMEs. Optimum Finance is based in Bristol, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-15 Marex

London, United Kingdom

Marex is a commodity broker offering a breadth of commodity market coverage across Metals, Agricultural and Energy products, with extensive services, diversified client base, platform scalability, and proprietary technology, data and analytics offerings. Marex was founded in 2005 and is based in London, United Kingdom.

Sell -