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New Deal


Announced

AxiCorp to acquire Star Financial Systems.

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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Private

Friendly

stock exchange services

Majority

Single Bidder

securities trading services

United Kingdom

Acquisition

Pending

Financial Data and Systems

Synopsis

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AxiCorp, a forex and CFD trading provider, is set to acquire Star Financial Systems, a trading technology company. Financial terms were not disclosed. “I’m delighted Axi liked our approach and wanted to invest in it. Given AxiCorp’s focus on continued growth and expansion, our expertise providing stable trading infrastructure in the multi-asset arena is a natural fit. We’ve now got the opportunity to bring our integrated service to thousands of more clients around the world,” Daniel Moczulski, Star Financial CEO.

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