Add-on Acquisition • Financial Services

Knight Capital Group Acquires Hotspot FX

On January 24, 2006, Knight Capital Group acquired financial services company Hotspot FX for 78M USD

Acquisition Context

This is Knight Capital Group’s 1st transaction in the Financial Services sector.
This is Knight Capital Group’s largest (disclosed) transaction.
This is Knight Capital Group’s 1st transaction in the United States.
This is Knight Capital Group’s 1st transaction in New Jersey.

Investment Fate

Hotspot FX was divested to a consortium of strategic buyers in 2015 for 365M USD.

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M&A Deal Summary
Date	January 24, 2006
Target	Hotspot FX
Sector	Financial Services
Buyer(s)	Knight Capital Group
Deal Type	Add-on Acquisition
Deal Value	78M USD
Advisor(s)	Evercore Group Morgan Stanley (Financial) Lowenstein Sandler (Legal)

Target Company

Hotspot FX

Jersey City, New Jersey, United States

Hotspot FX, Inc. provides institutions and dealers with spot foreign exchange trade execution through an advanced, fully electronic platform.

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Buyer Overview 1

Buyer

Knight Capital Group

Jersey City, New Jersey, United States

Category	Company
Sector	Financial Services

DESCRIPTION

Knight Capital Group is a global financial services firm that provides access to capital markets across multiple asset classes to a broad network of clients, including broker-dealers, institutions and corporations. Knight is headquartered in Jersey City, New Jersey, with a global presence across the Americas, Europe, and the Asia Pacific regions.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Financial Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: New Jersey	1 of 1
Country: United States	1 of 1
Year: 2006	1 of 1
Size (of disclosed)	1 of 1

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