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  6. TradeZero Acquires Koonce Securities

M&A Deal Summary

TradeZero Acquires Koonce Securities

On September 11, 2023, TradeZero acquired financial services company Koonce Securities

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

M&A Deal Summary
Date 2023-09-11
Target Koonce Securities
Sector Financial Services
Buyer(s) TradeZero
Deal Type Add-on Acquisition

Target

Koonce Securities

New York, New York, United States
Koonce Securities is a provider of brokerage and securities clearing services. Koonce Securities is based in New York, New York.

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Buyer(S) 1

Buyer

TradeZero

Brooklyn, New York, United States
Category Company
Sector Financial Services
DESCRIPTION

TradeZero operates broker-dealer subsidiaries in the United States, the Bahamas and Canada providing next-generation online trading platforms for active retail traders. TradeZero is based in Brooklyn, New York.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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