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Synopsis
Marlin Equity Partners, a private equity firm, completed the acquisition of Exegy, a provider of real-time market data and managed services, and Insight Partners-backed Vela Trading, a provider of data and execution technology software for global multi-asset electronic trading. Financial terms were not disclosed. “Exegy’s combination with Vela represents an exciting growth opportunity for our respective companies. The merger provides immediate and tangible benefits to our customers and the marketplace in the form of a broader product set built on superior technology and supported by a global service team and delivery system," James O’Donnell, Exegy CEO.
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