Announced
Financials
Tags
Canada
Friendly
Private Equity
Pending
software development
Single Bidder
Private
Cross Border
Majority
Software
Acquisition
Synopsis
Hg Capital-backed smartTrade, a provider of multi-asset electronic trading solutions, agreed to acquire TickTrade, a Toronto-based technology firm providing next-generation FX trading and payments SaaS solutions. Financial terms were not disclosed. "For both smartTrade and TickTrade customers, the combination is extremely compelling. It brings two industry-leading technologies together – one complementing the other, creating a unique breadth and depth of product capabilities," David Vincent, smartTrade Group CEO and Co-Founder.
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