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New Deal


Announced

Completed

BGC Partners completed the acquisition of Algomi.

Financials

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

Sources

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Tags

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Private

Acquisition

Majority

Single Bidder

Completed

Friendly

United Kingdom

fixed-income market

software

FinTech

Private Equity

Synopsis

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Interdealer broker BGC Partners completed the acquisition of Algomi, a bond trading software and pre-trade analytics provider. Financial terms were not disclosed. It is understood that Algomi will be integrated with BGC’s Fenics business, which provides electronic trading services and software in various asset classes, including foreign exchange, derivatives and fixed income.

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