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New Deal


Announced

Completed

IG Group Holdings completed the acquisition of tastytrade for $1bn.

Financials

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Transaction Value£732m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales8.6x
EV/EBITDA18.48x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

FinTech

Private

Friendly

Cross Border

United States

Majority

online financial network

Single Bidder

financial technology

Completed

Private Equity

Synopsis

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IG Group Holdings, the global online trading platform, completed the acquisition of tastytrade, an online financial network, for $1bn. “This transaction marks an important milestone in the delivery of IG’s growth strategy, diversifying our product offering and significantly strengthening our global footprint,” June Felix, IG CEO.

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