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New Deal


Announced

Completed

IHS Markit completed the acquisition of Catena Technologies.

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

Singapore

Completed

FinTech

Friendly

trade reporting

Majority

Single Bidder

Acquisition

Synopsis

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IHS Markit, a global information provider, completed the acquisition of Catena Technologies, which specializes in architecture, design, and delivery of advanced technology solutions for the financial services industry. Financial terms were not disclosed. "As part of IHS Markit, we will be able to offer customers a seamless, single-vendor solution that integrates transaction reporting with other post-trade and compliance workflows. This capability will enable customers to streamline their trade-reporting processes, reduce costs, and focus on strategic initiatives," Aaron Hallmark, Catena CEO.

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