M&A Deal Summary

MarketAxess Acquires Xtrakter Limited

On November 2, 2012, MarketAxess acquired business services company Xtrakter Limited from Euroclear for 26M GBP

Acquisition Highlights
  • This is MarketAxess’ 1st transaction in the Business Services sector.
  • This is MarketAxess’ 2nd largest (disclosed) transaction.
  • This is MarketAxess’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2012-11-02
Target Xtrakter Limited
Sector Business Services
Buyer(s) MarketAxess
Sellers(s) Euroclear
Deal Type Divestiture
Deal Value 26M GBP

Target

Xtrakter Limited

London, United Kingdom
Xtrakter Limited is a provider of regulatory transaction reporting, financial market data and trade matching services to the European securities markets.

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Buyer(S) 1

Buyer

MarketAxess

New York, New York, United States
Category Company
Founded 2000
Sector Financial Services
Employees881
Revenue 753M USD (2023)
DESCRIPTION

MarketAxess is an electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments using MarketAxess' patented trading technology. MarketAxess was founded in 2000 and is based in New York City.

DEAL STATS #
Overall 2 of 5
Sector (Business Services) 1 of 2
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-11 Greenline Financial Technologies

Chicago, Illinois, United States

Greenline Financial Technologies is a provider of FIX protocol messaging, certification and monitoring services to institutions.

Buy $42M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 MuniBrokers

Jersey City, New Jersey, United States

MuniBrokers is an aggregator of content distribution, trade processing, client connectivity, and liquidity provision for the municipal inter-dealer broker market. MuniBrokers is based in Jersey City.

Buy -

Seller(S) 1

SELLER

Euroclear

Brussels, Belgium
Category Company
Founded 1968
Sector Financial Services
DESCRIPTION

Euroclear is a provider of domestic and cross-border settlement and related services for bond, equity, derivatives, and fund transactions. Euroclear was founded in 1968 and is based in Brussels, Belgium.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-26 MFEX Mutual Funds Exchange AB

Stockholm, Sweden

MFEX Mutual Funds Exchange AB is an on-line mutual fund supermarket for retail investors under the name "Fondmarknaden.se". MFEX has developed a seamless electronic platform for online information, payments of trail fees and on-line execution and settlement of funds for Fondmarknaden.se. MFEX Mutual Funds Exchange was founded in 1998 and is based in Stockholm, Sweden.

Buy -
Mergr

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