M&A Deal Summary

Talos Acquires D3X Systems

On May 9, 2023, Talos acquired software company D3X Systems

Acquisition Highlights
  • This is Talos’ 1st transaction in the Software sector.
  • This is Talos’ 1st transaction in the United States.
  • This is Talos’ 1st transaction in Maryland.

M&A Deal Summary

Date 2023-05-09
Target D3X Systems
Sector Software
Buyer(s) Talos
Deal Type Add-on Acquisition

Target

D3X Systems

Bethesda, Maryland, United States
D3X Systems is a developer of institutional technology to support systematic investment strategies. D3X Systems was founded in 2018 and is based in Bethesda, Maryland.

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Buyer(S) 1

Buyer

Talos

New York, New York, United States

Category Company
Founded 2018
Sector Internet Software and Services
DESCRIPTION

Talos is a provider of institutional digital asset trading technology. Talos platform is trusted by the most sophisticated market participants and their end clients for its performance, reliability, and security. Its growing network of services – trading platform, marketplace, data and analytics, and portfolio and settlement tools, all offered directly or through service providers on a white-label basis – enable clients of all types to transact end-to-end without concern for unnecessary intermediary risk or potential conflicts of interest. Talos was founded in 2018 and is based in New York City.


DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Maryland) 1 of 1
Country (United States) 1 of 3
Year (2023) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-23 Cloudwall

New York, New York, United States

Cloudwall is a digital asset portfolio management software provider that offers advanced digital asset risk management platforms exclusively designed for institutional portfolio managers to help them determine which risks to gain exposure to or to hedge against. Cloudwall is based in New York, New York.

Buy -