M&A Deal Summary

StoneX Acquires GMP Securities

On December 12, 2018, StoneX acquired financial services company GMP Securities from RF Capital Group

Acquisition Highlights
  • This is StoneX’s 4th transaction in the Financial Services sector.
  • This is StoneX’s 1st transaction in Canada.
  • This is StoneX’s 1st transaction in Ontario.

M&A Deal Summary

Date 2018-12-12
Target GMP Securities
Sector Financial Services
Buyer(s) StoneX
Sellers(s) RF Capital Group
Deal Type Divestiture

Target

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.

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Buyer(S) 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 STATS #
Overall 7 of 22
Sector: Financial Services M&A 4 of 9
Type: Divestiture M&A Deals 4 of 6
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-06 PayCommerce - SWIFT Service Bureau

Princeton, New Jersey, United States

PayCommerce, Inc.'s SWIFT Service Bureau facilitates cross-border payments and accepts transactions for financial institutions, trade networks, and corporations, many of which are Fortune 100 companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-13 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.

Buy -

Seller(S) 1

SELLER

RF Capital Group

Toronto, Ontario, Canada

Category Company
Founded 1995
Sector Financial Services
Employees843
Revenue 369M CAD (2024)
DESCRIPTION

RF Capital Group is an independent diversified financial services provider offering a wide range of financial products and services to a global client base that includes corporate clients, institutional investors, and high-net-worth individuals in two integrated reporting segments. RF Capital Group was founded in 1995 and is based in Toronto, Canada.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-04 FirstEnergy Capital

Calgary, Alberta, Canada

FirstEnergy Capital Corp. is a provider of financial advisory and investment services to a broad range of corporate clients and sophisticated investors worldwide. FirstEnergy has completed over $63 billion in equity financing transactions in the energy sector.

Buy $99M