STG Partners completed the acquisition of Brady Technologies.

STG Partners, a private equity firm, completed the acquisition of Brady Technologies, a global trading, risk and logistics software provider. Financial terms were not disclosed. “We have been extremely impressed by the wide-ranging breadth of functionality in Brady’s financial and physical CTRM platforms and their market leading position and their prestigious customer base”, said William Chisholm, Managing Partner of STG. “Brady Commodities is a strategic platform acquisition for us and this platform will serve as a cornerstone investment for our Allegro Fund. Brady Commodities is seen as a leader within metals for CTRM given its leading functionality, including best-in-class workflow, pricing, and hedging capabilities (among others). We are committed to continuing to deliver a high-quality customer service and will be making significant investments in product innovation and international markets,” Ishan Manaktala, STG Partner.