Add-on Acquisition • Internet Software and Services

StoneX Acquires GIROXX

On January 13, 2020, StoneX acquired internet software and services company GIROXX

Acquisition Context
  • This is StoneX’s 2nd transaction in the Internet Software and Services sector.
  • This is StoneX’s 3rd transaction in Germany.

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M&A Deal Summary

Date January 13, 2020
Target GIROXX
Sector Internet Software and Services
Buyer(s) StoneX
Deal Type Add-on Acquisition

Target Company

GIROXX

Frankfurt am Main, Germany
GIROXX GmbH is a provider of online payment and foreign exchange hedging services to small and medium-sized enterprises (SME's) in Germany, Austria, and Switzerland.
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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 13 of 22
Sector: Internet Software and Services 2 of 2
Type: Add-on Acquisition 7 of 15
Country: Germany 3 of 3
Year: 2020 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 IFCM Commodities

Hamburg, Germany

IFCM Commodities GmbH is specialized in providing commodity price risk management solutions for base metals serving clients across Germany and continental Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 GAIN Capital Holdings

Bedminster, New Jersey, United States

GAIN Capital Holdings, Inc. provides innovative trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a wide range of asset classes, including foreign exchange, commodities, and global equities. GAIN Capital Holdings, Inc. was formed in 1999 and is based in Bedminster, New Jersey.

Buy $236M