Announced
Completed
Financials
Tags
Completed
Financial Data and Systems
Private Equity
Single Bidder
online retail trading platform
Acquisition
Friendly
United States
Private
currency exchanges
Synopsis
Private equity firm CVC Capital Partners acquired OANDA Corporation, a global online retail trading platform, currency data and analytics company. Financial terms were not disclosed. Siddharth Patel, Senior Managing Director at CVC, said: “This is an exciting opportunity to invest in a leading global player with a consistent track record of growth and a highly cash-generative business, in a sector known well to CVC. We look forward to working closely with Vatsa and his team as we help support OANDA, especially in Asia, in making strategic acquisitions and in investing to further broaden its product set.”
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