M&A Deal Summary

IntercontinentalExchange Acquires CETIP SA

On July 15, 2011, IntercontinentalExchange acquired financial services company CETIP SA from Advent International for 512M USD

Acquisition Highlights
  • This is IntercontinentalExchange’s 2nd transaction in the Financial Services sector.
  • This is IntercontinentalExchange’s 2nd largest (disclosed) transaction.
  • This is IntercontinentalExchange’s 1st transaction in Brazil.

M&A Deal Summary

Date 2011-07-15
Target CETIP SA
Sector Financial Services
Buyer(s) IntercontinentalExchange
Sellers(s) Advent International
Deal Type Add-on Acquisition
Deal Value 512M USD

Target

CETIP SA

Sao Paulo, Brazil
Cetip SA is Latin America’s largest depository of fixed-income securities and Brazil’s largest private asset clearing house. More than 15,000 institutions—including investment funds, banks, brokers, lenders, insurance companies and foreign investors—use Cetip’s registration, custody, trading and collateral management services.

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Buyer(S) 1

Buyer

IntercontinentalExchange

Atlanta, Georgia, United States

Category Company
Founded 2000
Sector Financial Services
Employees2,887
DESCRIPTION

IntercontinentalExchange, Inc. is a provider of diverse markets span futures and options on interest rates, commodities, indexes and FX, as well as equities and equity options.


DEAL STATS #
Overall 2 of 4
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 4
Country: Brazil M&A 1 of 1
Year: 2011 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-10 Chatham Energy

New York, New York, United States

Chatham Energy LLC is a provider of Energy stock exchange services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-26 Interactive Data

Bedford, Massachusetts, United States

Interactive Data Corporation is a provider of financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to the company's fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics,desktop solutions and web-based solutions. Interactive Data’s offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data is headquartered in Bedford, Massachusetts and has over 2,400 employees in offices worldwide.

Buy $5.2B

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 122 of 233
Sector: Financial Services M&A 12 of 25
Type: Add-on Acquisition M&A Deals 51 of 87
Country: Brazil M&A 6 of 13
Year: 2011 M&A 8 of 11
Size (of disclosed) 31 of 54
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Mondo Minerals B.V.

Amsterdam, Netherlands

Mondo Minerals B.V. is a European talc performance minerals business produces and supplies high quality and innovative talc products for use in a diverse range of end-markets, including plastics, coatings and paints, technical ceramics, pharmaceuticals and paper.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-25 Bojangles

Charlotte, North Carolina, United States

Bojangles is a restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from its Southern recipes, including breakfast served All Day, Every Day. Bojangles was founded in 1977 and is based in Charlotte, North Carolina.

Buy -