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  6. Tradier Acquires Rho

M&A Deal Summary

Tradier Acquires Rho

On March 18, 2021, Tradier acquired internet software and services company Rho

Acquisition Highlights
  • This is Tradier’s 1st transaction in the Internet Software and Services sector.
  • This is Tradier’s 1st transaction in the United States.
  • This is Tradier’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-03-18
Target Rho
Sector Internet Software and Services
Buyer(s) Tradier
Deal Type Add-on Acquisition

Target

Rho

Houston, Texas, United States
Rho is an active trading mobile app that made a name for itself with its simplified onboarding and commission-free trading interface. Rho was founded in 2018 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Tradier

Charlotte, North Carolina, United States
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Tradier is a cloud-based financial services provider and brokerage API company that offers a groundbreaking platform to serve Platform Providers, Advisors, Developers, and Individual Investors. Tradier delivers an innovative set of fully hosted APIs, modules, and "out of the box" tools that are leveraged by a growing list of providers seeking to create innovative trading and investing experiences. Tradier was founded in 2012 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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