Announced
Completed
Financials
Tags
trading services
Diversified Financials
Acquisition
Private
Private Equity
United Kingdom
Majority
Single Bidder
spread betting
Friendly
Completed
Cross Border
Synopsis
Guru Capital, a Switzerland-based private equity firm with specific experience in the CFD space, completed the acquisition of ETX Capital, a provider of multi-asset CFDs and spread betting products, from JRJ Group, an international private equity investment firm. Financial terms were not disclosed. The acquisition of ETX Capital enables Guru Capital to immediately gain significant market share in the highly competitive UK market. ETX Capital has built a best-in-class CFD business and Guru Capital intends to further expand and grow the brand alongside the company’s talented employees.
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