M&A Deal Summary

Nasdaq Acquires Dorsey Wright & Associate inc.

On January 5, 2015, Nasdaq acquired financial services company Dorsey Wright & Associate inc. from Falfurrias Capital Partners

Acquisition Highlights
  • This is Nasdaq’s 5th transaction in the Financial Services sector.
  • This is Nasdaq’s 10th transaction in the United States.
  • This is Nasdaq’s 1st transaction in Virginia.

M&A Deal Summary

Date 2015-01-05
Target Dorsey Wright & Associate inc.
Sector Financial Services
Buyer(s) Nasdaq
Sellers(s) Falfurrias Capital Partners
Deal Type Add-on Acquisition

Target

Dorsey Wright & Associate inc.

Richmond, Virginia, United States
Technical investment research and money management service provider to brokers, wealth managers, and individual investors.

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Buyer(S) 1

Buyer

Nasdaq

New York, New York, United States

Category Company
Founded 1971
Sector Financial Services
Employees6,377
Revenue 741M USD (2023)
DESCRIPTION
Nasdaq OMX office in Stockholm.
Nasdaq OMX office in Stockholm.

Nasdaq is an exchange company. With over 3,900 listed companies, it delivers trading, exchange technology and public company services across six continents. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. Nasdaq was founded in 1971 and is based in New York City.


DEAL STATS #
Overall 15 of 30
Sector (Financial Services) 5 of 6
Type (Add-on Acquisition) 11 of 23
State (Virginia) 1 of 1
Country (United States) 10 of 16
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-03 eSpeed

New York, New York, United States

eSpeed operates a fully executable central limit order book for electronic trading in U.S. Treasuries.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 Chi-X Canada ATS

Toronto, Ontario, Canada

Chi-X Canada is an operator of high-performance marketplaces for the trading of TSX and TSXV listed securities. Chi-X Canada's two platforms - Chi-X Canada and CX2 - offer market-agnostic smart routing, advanced order types, trade reporting, risk management tools, historical market data and cross connectivity services.

Buy -

Seller(S) 1

SELLER

Falfurrias Capital Partners

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Falfurrias Capital Partners is a private equity firm that invests in lower and middle-market companies located in the Eastern US. Falfurrias focuses on companies with experienced management teams, differentiated product features, diverse customers, revenues in excess of $10 million, and EBITDA of $5 million to $40 million. The Firm looks to invest at least $25 million per transaction. Specific areas of interest include financial services, consumer products, health care, building products, manufacturing, business services, education, training, infrastructure, and information services. The Firm will consider a variety of transaction types, including buyouts, growth capital financings, recapitalization, and corporate divestitures. Falfurrias Capital Partners was formed in 2006 and based in Charlotte, North Carolina.


DEAL STATS #
Overall 5 of 16
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 2 of 6
State (Virginia) 1 of 1
Country (United States) 5 of 16
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-13 American Safety Council

Orlando, Florida, United States

American Safety Council is a provider of e-Learning training solutions to address transportation and workplace safety, testing, medical continuing education, and other regulatory-driven training on behalf of the government, institutions of higher learning, business, and industry, and individual clients. American Safety Council was founded in 1998 and is based in Orlando, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-23 Attane

Kansas City, Missouri, United States

Attane is a provider of tech-enabled and data-driven marketing solutions to senior living communities. Attane helps senior living communities achieve occupancy and other key targets through its broad solution offering that includes market research, brand and communications management, lead generation and conversion strategies, marketing content development and distribution, sales enablement and training, and community engagement tools. Attane was founded in 1986 and is based in Kansas City, Missouri.

Buy -