M&A Deal Summary

TABB Group Acquires Securities Operations Forum

On February 13, 2019, TABB Group acquired financial services company Securities Operations Forum from The Summit Group

Acquisition Highlights
  • This is TABB Group’s 1st transaction in the Financial Services sector.
  • This is TABB Group’s 1st transaction in the United States.
  • This is TABB Group’s 1st transaction in New York.

M&A Deal Summary

Date 2019-02-13
Target Securities Operations Forum
Sector Financial Services
Buyer(s) TABB Group
Sellers(s) The Summit Group
Deal Type Divestiture

Target

Securities Operations Forum

New York, New York, United States
Securities Operations Forum is an information center for operations professionals in the financial services industry, Securities Operations Forum provides training courses, workshops, conferences, news and research to banks, broker/dealers, insurance companies, vendors, regulatory agencies and industry associations.

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Buyer(S) 1

Buyer

TABB Group

New York, New York, United States

Category Company
Founded 2003
Sector Financial Services
DESCRIPTION

TABB Group is a financial markets research and strategic advisory firm focused on capital markets. Founded in 2003 and based on the methodology of first-person knowledge, TABB Group analyzes and quantifies the investing value chain from the fiduciary, investment manager, broker, exchange and custodian, as well as the operations that support them. Our goal is to help senior business leaders gain a truer understanding of financial markets issues and trends, and develop with them a workable roadmap and approach to the future so they can grow their business.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

The Summit Group

New York, New York, United States

Category Company
Sector Information Technology
DESCRIPTION

The Summit Group has a twenty-year history of success in project management and systems implementation and has considerable breadth and depth of talent. We have a core of experienced professionals with diverse skills that can be supplemented by our affiliates and contractors, as needed. TSG has assisted a wide variety of firms with their systems integration projects and in supporting the concepts of Straight Through Processing. With a client list that includes many of the top firms in the industry, we primarily serve the financial services industry and have had experience in supporting various municipalities and technology companies. We have extensive domestic and international experience in numerous leading banking and securities processing activities.


DEAL STATS #
Overall 1 of 2
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-09 The Summit Group Communications

Salt Lake City, Utah, United States

The Summit Group Communications is a full-service marketing, communications and advertising agency that provides world-class strategies and solutions to increase engagement, exposure, revenue, and business growth opportunities for its clients. The Summit Group Communications is based in Salt Lake City, Utah.

Sell -