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New Deal


Announced

Completed

Intercontinental Exchange completed the acquisition of essDOCS.

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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paperless trade solutions

Majority

Third Party Logistics (3PL)

Cross Border

Completed

Single Bidder

Malta

Friendly

Acquisition

Private

Synopsis

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Intercontinental Exchange, an American company that operates global financial exchanges and clearing houses and provides mortgage technology, data and listing services, completed the acquisition of essDOCS, a paperless trade solutions provider. Financial terms were not disclosed. In a statement on essDocs’ website giving the rationale for the acquisition, ICE says it “provides financial technology and data services across major asset classes that offer its customers access to mission-critical workflow tools that increase transparency and operational efficiencies, two areas which essDocs is similarly focused on”.

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