M&A Deal Summary

ION Group Acquires Fidessa

On April 20, 2018, ION Group acquired software company Fidessa for 1.5B GBP

Acquisition Highlights
  • This is ION Group’s 5th transaction in the Software sector.
  • This is ION Group’s 0th largest (disclosed) transaction.
  • This is ION Group’s 5th transaction in the United Kingdom.

M&A Deal Summary
Date 2018-04-20
Target Fidessa
Sector Software
Buyer(s) ION Group
Deal Type Add-on Acquisition
Deal Value 1.5B GBP

Target

Fidessa

London, United Kingdom
Fidessa is a provider of multi-asset trading and investment infrastructure, market data and analysis, and decision making and workflow technology. Fidessa was formed in 1981 and is based in London.

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Buyer(S) 1

Buyer

ION Group

Dublin, Ireland
Category Company
Founded 1998
Sector Software
DESCRIPTION

ION provides mission-critical trading and workflow automation software solutions to financial institutions, central banks, governments and corporations. The Company's proprietary software offers a flexible, open, customizable and cost-effective trading solutions that provides real-time integration of market data with internal systems. ION Group was founded in 1998 and is based in Dublin, Ireland.

DEAL STATS #
Overall 9 of 17
Sector (Software) 5 of 6
Type (Add-on Acquisition) 9 of 17
Country (United Kingdom) 5 of 7
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-02 OpenLink Financial

Uniondale, New York, United States

OpenLink Financial is a provider of cross-asset trading, risk management, and related portfolio management software solutions for the commodity, energy and financial services markets globally. OpenLink’s blue chip client base of more than 150 customers worldwide includes twelve of the top twenty-five largest commodity and energy companies by market capitalization, eight of the largest financial institutions and eleven of the largest central banks, as well as major hedge funds and public utilities. Headquartered on Long Island, New York, and with offices in New York, Houston, London, Berlin, Vienna, São Paulo, Sydney, and Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-17 Allegro Development

Dallas, Texas, United States

Allegro Development is a provider of comprehensive energy trading and risk management software to customers in the exploration and production, refining and marketing, utilities and trading markets.

Buy -
Mergr

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