BGC and GFI Announce to Sell Trayport to Intercontinental Exchange for $650 Million
- 8 years 9 months ago
- M&A Deals
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage company servicing the financial and real estate markets, and its majority-owned division, GFI Group Inc. (OTC: GFIG) ("GFI Group" or "GFI"), a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets, today announced that GFI has entered into an agreement to sell its Trayport... more
Broadridge to Acquire QED Financial Systems
- 8 years 9 months ago
- M&A Deals
Broadridge Financial Solutions, Inc. (NYSE:BR) has acquired privately-held investment accounting solutions provider QED Financial Systems, Inc. QED provides software-based investment accounting solutions, data management and outsourced investment accounting services to more than 40 institutional investors and asset managers who together have more than $1.5 trillion in assets under management.
Ex-Morgan Stanley exec to Join Delta Capita
- 8 years 9 months ago
- M&A Deals
Delta Capita, an international consultancy specialising in delivering business and technology solutions to financial services organisations, has announced the appointment of former Morgan Stanley Managing Director, Giles Kenwright, to head up its investment banking regulatory practice. Giles is based in Delta Capita’s London office.
Vitol Investment Partnership Acquires MISC's Shareholding In VTTI B.V.
- 8 years 9 months ago
- M&A Deals
VTTI Energy Partners LP (NYSE: VTTI) (the "Partnership") has been informed by VTTI B.V. that Vitol Investment Partnership Limited ("VIP"), an investment vehicle sponsored by Vitol Holding B.V.
Virtusa to Acquire Majority Interest in Polaris in Deal Worth $270million
- 8 years 9 months ago
- M&A Deals
Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has entered into a definitive agreement to acquire a majority interest in Polaris Consulting & Services, Ltd. (“Polaris”) (BSE: POLARIS NSE: POLARIS MSEI: POLARIS), a global provider of IT solutions primarily to the... more
Microsemi Corporation Announces Superior Proposal to Acquire PMC-Sierra, Inc. for $11.50 Per Share With Intent to Close in December 2015
- 8 years 10 months ago
- M&A Deals
Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced that it submitted an offer to acquire PMC-Sierra, Inc (Nasdaq:
WEX Announces Definitive Agreement to Acquire Electronic Funds Source
- 8 years 10 months ago
- M&A Deals
WEX Inc. (NYSE:WEX), a leading provider of corporate payment solutions, today announced it has entered into a definitive agreement to acquire Electronic Funds Source LLC ("EFS") for a total consideration of approximately $1.1 billion in cash and 4.0 million shares of common stock to be issued to investment funds affiliated with Warburg Pincus, EFS' current owner. The acquisition is expected to be immediately accretive to adjusted net income.
NorthStar Asset Management Group to Acquire Majority Ownership Stake in The Townsend Group
- 8 years 10 months ago
- M&A Deals
NorthStar Asset Management Group Inc. (NYSE: NSAM) today announced it has entered into a definitive agreement to acquire an approximately 85% interest in The Townsend Group ("Townsend"), a leading global provider of investment management and advisory services focused on real assets.
Rapid Addition acquires DET-Technologies to create ground breaking FIX offering
- 8 years 10 months ago
- M&A Deals
Rapid Addition, a leading provider of trading technology has entered an agreement to acquire the business, assets and employees of DET Technologies, a provider of low latency hub and monitoring software to support electronic trading. The acquisition will deliver a world leading, real-time platform for buy- and sell-side financial institutions.
Vasco to acquire e-signature firm Silanis
- 8 years 10 months ago
- M&A Deals
VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, announced today the execution of a definitive agreement to acquire privately held Silanis Technology, Inc. (Silanis), a leading provider of electronic signature (e-signature) and digital transaction solutions used to sign, send and manage documents.
Novatel Wireless Completes Acquisition of DigiCore
- 8 years 10 months ago
- M&A Deals
Novatel Wireless (NASDAQ:MIFI) (the "Company"), a leading provider of solutions for the Internet of Things (IoT) and inventor of MiFi® technology, today announced that it has completed the acquisition of DigiCore Holdings Limited, a leading provider of advanced machine-to-machine communication and telematics solutions marketed globally under the Ctrack® brand, based inSouth Africa. Details of the acquisition were first announced on June 18,... more
BB&T acquires stake in leading Lloyd's broker
- 8 years 10 months ago
- M&A Deals
BB&T IHC International Ltd., a subsidiary of BB&T Corporation (NYSE: BBT), announced today it has reached an agreement to enter into a partnership with Willis Group Holdings (NYSE: WSH), the global risk advisor, re/insurance broking and human capital and benefits firm, and
CRC Insurance Services to acquire Connecticut Underwriters, Inc.
- 8 years 10 months ago
- M&A Deals
CRC Insurance Services Inc., (CRC) a wholesale insurance subsidiary of BB&T Corporation's principal subsidiary Branch Banking and Trust Company, announced today an agreement to acquire Connecticut Underwriters, Inc. (CUI). Terms were not disclosed.
BCS To Expand Into North America With Acquisition Of US Broker/Dealer
- 8 years 10 months ago
- M&A Deals
BCS Financial Group, the largest securities broker on the Moscow Exchange, has made its first move into the North American market with entry into an agreement for the strategic acquisition of Alforma Capital Markets Inc., the wholly-owned New York-based subsidiary of Alfa-Bank.
Gartner Acquires Capterra
- 8 years 10 months ago
- M&A Deals
Gartner, Inc. (NYSE:IT), the leading provider of research and analysis on the global information technology industry, today announced the acquisition of Capterra, a privately-held company based in Arlington, VA. Terms were not disclosed. Capterra helps organizations find the right business software to meet their needs. The acquisition of Capterra is consistent with Gartner’s growth strategy to invest in developing world-class products and... more
