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New Deal


Announced

Lovell Minnick has completed its acquisition of oneZero Financial Systems.

Synopsis

Lovell Minnick, a private equity firm focused on investments in the global financial services industry, including related technology and business services companies, has completed a significant minority investment in oneZero Financial Systems, a leading provider of software and technology solutions to the rapidly growing foreign exchange (“FX”) trading industry. Financial terms were not disclosed. “The convergence of the retail and institutional FX markets is rapidly increasing as global market participants seek sophisticated, highly-scalable trading solutions and reliable IT infrastructure with ultra-low latency, unparalleled pricing data and high transactional capacity. oneZero continues to develop next-generation wholesale technology and business intelligence solutions for market participants with unmatched speed, efficiency and risk management support.” Steve Pierson, Lovell Minnick Managing Partner.

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