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New Deal


Announced

Completed

Cboe Global Markets completed the acquisition of Hanweck and FT Providers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Risk and Compliance

Private

risk analytics

Acquisition

Friendly

United States

portfolio management platform

Majority

Completed

Single Bidder

Synopsis

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Cboe Global Markets, an exchange holding company, completed the acquisition of Hanweck, a real-time risk analytics company, and FT Providers, a portfolio management platform provider. Financial terms were not disclosed. Hanweck and FT Options services will integrate with Cboe Information Solutions, which offers a comprehensive suite of data solutions, analytics and indices to help market participants understand and access Cboe markets. "Bringing data and analytics firms that pioneer unique information solutions to Cboe helps us accelerate the pace of innovation and better serve our global clients. Adding Hanweck and FT Options to our Information Solutions group will help us deliver a more integrated product suite in less time and support trading through better asset pricing and risk management software. We are excited to welcome the Hanweck and FT Options teams to Cboe Global Markets," Ed Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer.

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