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Announced

Completed

CVC Capital Partners acquired OANDA Corporation.

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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