LSEG to acquire Quantile from Spectrum Equity Investors for £274m.

London Stock Exchange Group agreed to acquire Quantile, a provider of portfolio, margin and capital optimisation and compression services, from Spectrum Equity Investors for £274m. The acquisition is expected to close in 2022, subject to antitrust and other regulatory approvals. “I am delighted with this agreement to become part of LSEG. Quantile and LSEG share many of the same values, including a culture of innovation and a focus on delivering market leading services. I look forward to working with Daniel and the team to accelerate our growth and to continue to deliver efficiencies and portfolio optimisation for our customers and the wider OTC derivatives marketplace,” Andrew Williams, Quantile CEO. On Septemeber 9, 2022, LSEG takeover of Quantile gets provisional approval from UK watchdog.