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New Deal


Announced

Completed

FNZ completed the acquisition of the capital markets division of GBST from Anchorage Capital.

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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financial technology

Cross Border

Friendly

Financial Data and Systems

Private

Completed

Acquisition

Private Equity

Majority

Australia

capital markets

Single Bidder

Synopsis

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FNZ, a financial services company, completed the acquisition of the capital markets division of GBST, a developer of financial technology and administration and provider of related services, from Anchorage Capital, an Australian private equity firm. Financial terms were not disclosed. “We’re delighted to complete this transaction and are excited about the significant opportunities for FNZ to expand our global capabilities and presence in listed securities trading and post-trade processing. FNZ was attracted to the GBST capital markets business because of its highly skilled and talented people, its well-established range of products and its deep relationships with major financial institutions across the world," Scott Webster, FNZ Managing Director.

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