Mergermarket Group Acquires TIM Group

  • M&A Deals
  • 24.05.2017 08:30 am

 Mergermarket Group, a BC Partners portfolio company, announced today that it has acquired TIM Group. Established in 2002 and headquartered in London, TIM Group specialises in the electronic delivery of equity trade ideas and investment recommendations through its independent distribution platform.

TIM Group connects financial industry professionals with its proprietary network and technology, revolutionizing how investment advice is distributed, analysed and monetized. The TIM Group network analyses and measures trade idea performance, facilitating compliance in line with MiFID II requirements relating to payment for investment recommendations. 

The acquisition extends Mergermarket Group’s reach in the domain of equity technology and analytics. TIM Group services adjacent buy-side users to those accessing Mergermarket Group’s Dealreporter product for market-critical insights on expected and live corporate events.

Hamilton Matthews, CEO of Mergermarket Group commented:

“Through the acquisition of TIM Group we are delighted to strengthen our position as a trusted source of market-critical information. The acquisition will deepen our reach into the buy-side and enable us to distribute the rich data sets in Mergermarket Group’s portfolio. As the buy-side increasingly turn to technology to support their investment decisions, we will be in a prime position to support our subscribers, especially those trading systematic and quantitative strategies. TIM is a valued and respected source that can also support our subscribers’ compliance with regulatory change, such as MiFID II.”

Rich Koppel, co-founder and CEO of TIM Group added:

“As part of Mergermarket Group, we will more effectively service and expand our network of regulated fund managers, investment banks, brokerage firms and research providers. We will complement our trade ideas offerings with data derived from Mergermarket Group’s proprietary offerings. We will continue to facilitate MiFID II-compliance by helping subscribers measure and pay for value delivered. Subscribers will benefit from the powerful combination of Mergermarket Group’s intelligence-gathering capabilities with TIM Group’s technology and analytic expertise.”

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