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Announced

Completed

Apex Fintech Solutions completed the acquisition PDQ Enterprises.

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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Completed

Majority

Domestic

Acquisition

Single Bidder

alternative trading

Private

United States

Friendly

Diversified Financials

Synopsis

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Apex Fintech Solutions, a digital wealth manager, completed the acquisition PDQ Enterprises, an operator of auction-based alternative trading system. Financial terms were not disclosed. “Our acquisition of PDQ is fueled by the synergies that exist between us, and our aligned vision for the future of the industry. The pioneering work that PDQ has done to revolutionize equity market structure furthers the Apex mission to be the market leading financial technology and data provider driving disruption and innovation for the future of wealth creation. The equity markets are more fragmented than they’ve ever been, and that has caused inefficiencies for institutions and retail investors alike. Together with PDQ, we can meet these challenges head on and create a better marketplace,” Bill Capuzzi, Apex Fintech Solutions CEO.

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