M&A Deal Summary

New Asia Holdings Acquires Magdallen Quant Pte.

On September 8, 2015, New Asia Holdings acquired software company Magdallen Quant Pte.

Acquisition Highlights
  • This is New Asia Holdings’ 1st transaction in the Software sector.
  • This is New Asia Holdings’ 1st transaction in Singapore.

M&A Deal Summary

Date 2015-09-08
Target Magdallen Quant Pte.
Sector Software
Buyer(s) New Asia Holdings
Deal Type Add-on Acquisition

Target

Magdallen Quant Pte.

Singapore, Singapore
Magdallen Quant Pte. Ltd. is a research, development and deployment of advanced, proprietary, state-of-the-art, trainable trading algorithms software services.

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Buyer(S) 1

Buyer

New Asia Holdings

Singapore, Singapore

Category Company
Founded 2001
Sector Software
DESCRIPTION

New Asia Holdings, Inc. is a provider of proprietary algorithms software solutions.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Singapore M&A 1 of 1
Year: 2015 M&A 1 of 1