Add-on Acquisition • E-Commerce

StoneX Acquires CoinInvest

On March 13, 2019, StoneX acquired e-commerce company CoinInvest

Acquisition Context
  • This is StoneX’s 1st transaction in the E-Commerce sector.
  • This is StoneX’s 1st transaction in Germany.

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M&A Deal Summary

Date March 13, 2019
Target CoinInvest
Sector E-Commerce
Buyer(s) StoneX
Deal Type Add-on Acquisition

Target Company

CoinInvest

Frankfurt, Germany
CoinInvest GmbH is an online provider of gold, silver, platinum, and palladium products to private individuals, institutional investors, and financial advisors. CoinInvest GmbH was founded in 2013 and is based in Frankfurt, Germany.
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Buyer Overview 1

Buyer

StoneX

New York, New York, United States

Category Company
Founded 1924
Sector Financial Services
Employees4,620
Revenue 99.9B USD (2024)
DESCRIPTION

StoneX is a provider of execution and advisory services in commodities, currencies, and international securities. StoneX was founded in 1924 and is based in New York, New York.


Deal Context for Buyer #
Overall 8 of 22
Sector: E-Commerce 1 of 1
Type: Add-on Acquisition 4 of 15
Country: Germany 1 of 3
Year: 2019 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-12 GMP Securities

Toronto, Ontario, Canada

GMP Securities LLC is an independent, SEC-registered Broker-Dealer and FINRA member. GMP has an institutional fixed-income trading business which deals in high yield, convertible and emerging market debt and makes markets in certain equity securities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-19 UOB Bullion and Futures Limited - Futures and Options Brokerage and Clearing Business

Singapore, Singapore

UOB Bullion and Futures Limited's futures and options brokerage and clearing business of UOB Bullion and Futures Limited, a subsidiary of United Overseas Bank Limited.

Buy -