M&A Deal Summary

Solve Advisors Acquires Advantage Data

On March 1, 2022, Solve Advisors acquired financial services company Advantage Data

Acquisition Highlights
  • This is Solve Advisors’ 1st transaction in the Financial Services sector.
  • This is Solve Advisors’ 2nd transaction in the United States.
  • This is Solve Advisors’ 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2022-03-01
Target Advantage Data
Sector Financial Services
Buyer(s) Solve Advisors
Deal Type Add-on Acquisition

Target

Advantage Data

Boston, Massachusetts, United States
Advantage Data is providing credit and credit derivative pricing, descriptive, financial, and analytical information to the world’s top financial institutions for more than two decades. Advantage Data’s workstation provides access to a powerful, comprehensive, and global fixed-income platform. Advantage Data was founded in 1997 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Solve Advisors

Stamford, Connecticut, United States
Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

Solve Advisors is a provider of market pricing in fixed-income markets. Solve boasts unmatched coverage globally in structured products, corporate bonds, syndicated bank loans, CDS, and Municipal Bonds. The SolveQuotes platform aggregates real-time bids, offers, BWIC price talk and covers, and other market data, helping to provide unparalleled price transparency and liquidity monitoring. The powerful workflow tools eliminate the hassle of the BWIC process, consolidate dealer inventories and two-way markets, and streamline month-end for the back office. Solve Advisors was founded in 2011 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Massachusetts) 2 of 2
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Best Credit Data

Boston, Massachusetts, United States

Best Credit Data is a market data vendor focused on leveraging Cloud computing technology to deliver high quality municipal bond, corporate bond, private placement, broadly syndicated and middle-market loan insights to service institutional portfolio accounting, risk management, and compliance use cases. Best Credit Data was founded in 2013 and is based in Boston, Massachusetts.

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