M&A Deal Summary

ICE Acquires TMX Atrium

On February 15, 2017, ICE acquired internet software and services company TMX Atrium from TMX

Acquisition Highlights
  • This is ICE’s 4th transaction in the Internet Software and Services sector.
  • This is ICE’s 1st transaction in Luxembourg.

M&A Deal Summary

Date 2017-02-15
Target TMX Atrium
Sector Internet Software and Services
Buyer(s) ICE
Sellers(s) TMX
Deal Type Divestiture

Target

TMX Atrium

Luxembourg, Luxembourg
TMX Atrium is a provider of low latency connectivity across 12 countries, more than 30 major trading venues, and ultra-low latency wireless connectivity between the Toronto, New York and Chicago metro areas.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

ICE

Atlanta, Georgia, United States

Category Company
Founded 2000
Sector Financial Services
Employees12,920
Revenue 11.8B USD (2024)
DESCRIPTION
Entrance to Intercontinental Exchange's corporate headquarters in Atlanta, Georgia.
Entrance to Intercontinental Exchange's corporate headquarters in Atlanta, Georgia.

ICE is a network of regulated exchanges and clearing houses. The company's futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. ICE was formed in 2000 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 18 of 29
Sector: Internet Software and Services M&A 4 of 4
Type: Divestiture M&A Deals 5 of 9
Country: Luxembourg M&A 1 of 1
Year: 2017 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-27 Intercontinental Exchange - Interactive Data Managed Solutions

Atlanta, Georgia, United States

Intercontinental Exchange, Inc. - Interactive Data Managed Solutions (IDMS) supports the wealth management marketplace across a variety of workflows and functions, from advisors to their clients. IDMS offers real-time market data desktops, customizable web-based portals, and a broad range of mobile solutions.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 True Office Learning

New York, New York, United States

True Office Learning is a provider of analytics-rich, interactive e-learning software and services, specializing in governance, risk and compliance (“GRC”). The Company’s cloud-based adaptive training and analytics platform connects e-learning to advanced behavioral data, and enables organizations to rapidly build and deliver solutions utilizing analytics to drive better business outcomes. True Office Learning was founded in 1998 and is based in New York city.

Sell -

Seller(S) 1

SELLER

TMX

Toronto, Ontario, Canada

Category Company
Founded 2011
Sector Financial Services
Employees2,090
Revenue 1.5B CAD (2024)
DESCRIPTION

TMX is an integrated, multi-asset class exchange group. TMX Group's businesses operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. It also provide clearing facilities, data products and other services to the international financial community. TMX was founded in 2011 and is based in Toronto, Ontario.


DEAL STATS #
Overall 3 of 5
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 3 of 5
Country: Luxembourg M&A 1 of 1
Year: 2017 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-05 Razor Risk Technologies

London, United Kingdom

Razor Risk Technologies is a developer of risk management software for the financial sector. Razor Risk Technologies is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-27 Shorcan Energy Brokers

Calgary, Alberta, Canada

Shorcan Energy Brokers, Inc. is a provider of brokerage services for the North American crude oil markets. Shorcan Energy Brokers is based in Calgary, Alberta.

Sell -