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New Deal


Announced

ION Investment Group to acquire DASH Financial Technologies from Flexpoint Ford.

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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Cross Border

United States

Investment Banking

Private Equity

brokerage services

Pending

Majority

Acquisition

Friendly

Private

Single Bidder

Synopsis

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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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