Virtu Financial - M&A Summary and Business Overview

Financial ServicesCompany

Virtu Financial M&A Summary

Virtu Financial has acquired 4 companies. A total of 1 acquisition came from private equity firms. It has also divested 3 assets.

Virtu Financial’s largest acquisition to date was in 2017, when it acquired KCG Holdings for $1.4B. It’s largest disclosed sale occurred in 2018, when it sold Creditex Securities to Intercontinental Exchange for $400M. Virtu Financial has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include financial services (75%) and communications (25%).

Virtu Financial Business Overview

Where is Virtu Financial headquartered?

Virtu Financial is headquartered in New York, New York.

What is Virtu Financial’s revenue?

Virtu Financial disclosed revenue of 2,365M USD for 2022 and 2,811M USD for 2021.

How many employees does Virtu Financial have?

Virtu Financial has 976 employees.

What sector is Virtu Financial in?

Virtu Financial is a financial services company.

When was Virtu Financial founded?

Virtu Financial was founded in 2008.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity4
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3
  • M&A Advisors 4

Virtu Financial

Virtu Financial, Inc.

One Liberty Plaza 165 Broadway,
New York, New York 10006
United States,
(646) 682-6000
www.virtu.com

Virtu Financial is an active market maker across all major financial centers including equities, fixed income, currencies, futures, energy products and other commodities. Virtu Financial was founded in 2008 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 4 - - - - - 4
vol $2.4B $2.4B
Sell (0.2/yr) # 2 1 - - - - 3
vol $400M $400M
  7

Most Recent M&A

Company Date Value Type
TriAct Canada Marketplace LP 2020-05-19 - Divestiture
Toronto, Ontario · www.matchnow.ca
Investment Technology Group, Inc. 2018-11-07 1.0B USD Merger
New York, New York · www.itg.com
Creditex Securities Corp. 2018-01-02 400M USD Divestiture
New York, New York · www.kcgbondpoint.com
Virtu BondPoint 2017-10-24 - Divestiture
New York, New York
KCG Holdings, Inc. 2017-04-20 1.4B USD Add-on Acquisition
Jersey City, New Jersey · www.kcg.com
Teza Technologies - Strategic Telco Assets 2016-11-28 - Divestiture
Chicago, Illinois
Nyenburgh Holding B.V. 2012-09-14 - Add-on Acquisition
Amsterdam, Netherlands
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 3 (75%) 2.4B (100%) 2 (67%) 400M (100%)
Communications 1 (25%) - - -
Information Technology - - 1 (33%) -
Total 4 $2.4B 3 $400M

By Geo

State/Country Buy Value Sell Value
United States 3 2.4B 2 400M
  New York 1 1.0B 2 400M
  New Jersey 1 1.4B - -
  Illinois 1 - - -
Canada - - 1 -
  Ontario - - 1 -
Netherlands 1 - - -
Domestic 3 (75%) 2.4B (100%) 2 (67%) 400M (100%)
Cross-border 1 (25%) - 1 (33%) -
Total 4 $2.4B 3 $400M

Top M&A Advisors

Financial Deals
Sandler O'Neill + Partners LP
1
J.P. Morgan Securities
1
Legal Deals
Paul, Weiss, Rifkind, Wharton & Garrison
1
Borden Ladner Gervais
1

Deal Values

buy # Total
> $1B 2 $2.4B
TOTAL $2.4B
Largest KCG Holdings, Inc.
$1.4B (2017-04-20)
sell # Total
$100M to $1B 1 $400M
TOTAL $400M
Largest Creditex Securities Corp.
$400M (2018-01-02)

M&A Connections

Deals
Acquired from
Investor(s)
25%
1 (25%)
Strategic(s)
25%
1 (25%)
Divested to
Strategic(s)
100%
3 (100%)

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