M&A Deal Summary

TMX Acquires Newsfile

On August 7, 2024, TMX acquired information services company Newsfile

Acquisition Highlights
  • This is TMX’s 3rd transaction in the Information Services sector.
  • This is TMX’s 2nd transaction in Canada.
  • This is TMX’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2024-08-07
Target Newsfile
Sector Information Services
Buyer(s) TMX
Deal Type Add-on Acquisition

Target

Newsfile

Toronto, Ontario, Canada
Newsfile is a news dissemination and regulatory filing provider. Newsfile services over 2,500 public and private clients and is a one-stop source for disclosure requirements, including news release distribution and SEDAR+, EDGAR, and XBRL filing solutions. Newsfile was established in 1997 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

TMX

Toronto, Ontario, Canada

Category Company
Founded 2011
Sector Financial Services
Employees1,910
Revenue 1.2B CAD (2023)
DESCRIPTION

TMX is an integrated, multi-asset class exchange group. TMX Group's businesses operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. It also provide clearing facilities, data products and other services to the international financial community. TMX was founded in 2011 and is based in Toronto, Ontario.


DEAL STATS #
Overall 9 of 9
Sector (Information Services) 3 of 3
Type (Add-on Acquisition) 7 of 7
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 VettaFi

New York City, New York, United States

VettaFi is a privately owned data, analytics, indexing, digital distribution, and thought leadership company​. VettaFi cultivates a data-driven platform, built to empower and educate the modern ​​financial advisor​, asset manager​​​ and institutional investor.​ VettaFi is based in New York, New York.

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