Golden Gate Capital to invest $200m in Pico.

Golden Gate Capital, an American private equity firm, agreed to invest $200m in Pico, a provider of mission critical technology services, software, data and analytics for the financial markets community. The capital will be used to pursue strategic M&A opportunities that further enhance Pico’s comprehensive global ecosystem of best-in-class technology and services, as well as other general corporate purposes. “We have made significant investments in global expansion, product innovation, operational excellence and in our organization, thereby laying the foundation to support the next wave of substantial growth. We are thrilled to have Golden Gate Capital as an investor and strategic partner supporting us to continue leveraging our leading global technology and data platform to provide additional services for our clients,” Jarrod Yuster, Pico Chairman, Founder and CEO.