Announced
Financials
Tags
Cross Border
United States
Investment Banking
Private Equity
brokerage services
Pending
Majority
Acquisition
Friendly
Private
Single Bidder
Synopsis
ION Investment Group, an application software provider, agreed to acquire DASH Financial Technologies, a provider of institutional brokerage services, from Flexpoint Ford, a private equity investment firm. Financial terms were not disclosed. "Under ION's ownership, we will continue to invest in product innovation that drives value for our clients while also benefiting from ION's global reach and established network of relationships. We are incredibly grateful for the contributions and support we received from Flexpoint Ford and are thrilled about what this new partnership allows us to do for our clients," Peter Maragos, DASH Co-Founder and CEO.
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