.
MergerLinks Header Logo

New Deal


Announced

TradeStation Group to go public via a SPAC merger with Quantum FinTech Acquisition in a $1.43bn deal.

Financials

Edit Data
Transaction Value£1,047m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Investment Banking

Private Equity

Pending

Single Bidder

Acquisition

Private

Reverse Takeover

De-SPAC

Majority

United States

brokerage services

trading services

Domestic

Synopsis

Edit

TradeStation Group, a brokerage and trading platform, agreed to go public via a SPAC merger with Quantum FinTech Acquisition, a special purposes acquisition firm, in a $1.43bn deal. The PIPE investors in the deal include Monex Group, Galaxy Digital, XBTO Ventures, and Appian Way Asset Management. “This transaction is an exciting new chapter in the ongoing story of TradeStation as an innovator that supports traders and investors seeking to claim their financial edge. Throughout TradeStation’s history, we have grown by providing our clients with a multi-asset trading platform, innovative new products and rich educational content that builds confidence among seasoned and first-time investors alike," John Bartleman, TradeStation President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US