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Announced

Completed

Solve Advisors completed the acquisition of Advantage Data.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
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One Off Charge-

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Acquisition

Completed

market data

United States

Single Bidder

Domestic

Majority

Private

software development

Software

Friendly

Synopsis

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Solve Advisors, a market data platform provider, completed the acquisition of Advantage Data, an analytics platform and data provider. Financial terms were not disclosed. “We are thrilled to welcome the Advantage and Best Credit teams into the Solve family. The combined product offering provides extraordinary clarity and a tangible competitive edge to fixed income market participants. This is an important milestone for Solve as we look to execute on our organic and inorganic growth strategies following the recent investment by Charlesbank,” Eugene Grinberg, Solve Advisors CEO.

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