M&A Deal Summary

ION Group Acquires Prelios

On August 11, 2023, ION Group acquired financial services company Prelios for 1.4B EUR

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

M&A Deal Summary

Date 2023-08-11
Target Prelios
Sector Financial Services
Buyer(s) ION Group
Deal Type Add-on Acquisition
Deal Value 1.4B EUR

Target

Prelios

Milan, Italy
Prelios is a European provider of alternative asset management and specialized real estate services. Its unique services cover every part of the real estate life cycle: asset management, investment management, due diligence, real estate advisory, valuation of individual properties and real estate asset portfolios, building, project and property management, real estate brokerage, investment funds and distressed asset management. Prelios was formed in 1990 and is based in Milan, Italy.

Search 214,107 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

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 17 of 17
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 17 of 17
Country: Italy M&A 2 of 2
Year: 2023 M&A 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-13 Broadway Technology

New York, New York, United States

Broadway Technology is a provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. Broadway's solutions handle over $100 trillion of trading volumes annually within the fixed income and foreign exchange markets. Broadway Technology was founded in 2003 and is based in New York.

Sell -