M&A Deal Summary

Manhattan Beach Trading Financial Services Acquires WGAL

On August 5, 2009, Manhattan Beach Trading Financial Services acquired software company WGAL

Acquisition Highlights
  • This is Manhattan Beach Trading Financial Services’ 1st transaction in the Software sector.
  • This is Manhattan Beach Trading Financial Services’ 1st transaction in the United States.
  • This is Manhattan Beach Trading Financial Services’ 1st transaction in Texas.

M&A Deal Summary

Date 2009-08-05
Target WGAL
Sector Software
Buyer(s) Manhattan Beach Trading Financial Services
Deal Type Add-on Acquisition
Advisor(s) Clearsight Advisors (Financial)

Target

WGAL

Plano, Texas, United States
The Wizetrade Group (collectively the "Programs"). The Programs are analytical tools only and do not predict price trends. The Wizetrade Group also offers programming for its Customers through Wizetrade TV which is designed to improve traders' understanding of the software charts. Wizetrade TV programs are for training and educational purposes only and in no way should be considered as giving buy, sell or hold advice.

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Buyer(S) 1

Buyer

Manhattan Beach Trading Financial Services

El Segundo, California, United States

Category Company
Founded 1999
Sector Financial Services
DESCRIPTION

Manhattan Beach Trading Financial Services, Inc. ("MBTFS"), member FINRA, SIPC. MB Trading Futures, Inc. ("MBTF") is a CFTC registered FCM and member of NFA. MBTF offers execution and settlement services for futures based products, as well as offer off-exchange foreign currency (forex) products through MB Trading.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1