Announced

Completed

Genstar Capital completed the acquisition of Numerix.

Synopsis

Genstar Capital, a private equity firm, completed the acquisition of Numerix, a capital markets risk management technology provider. Financial terms were not disclosed. "We are excited to begin the next phase of our future growth with our new partners at Genstar Capital. For over 20 years, we have worked tirelessly to provide the most sophisticated analytic and technology solutions available to capital market participants across the globe. We've always had a clear vision for the organization. Together with Genstar and their long track record in the financial services and software industries, we look forward to expanding our footprint across the entire value chain in the front-to-risk market providing even greater value to our customers," Steven O'Hanlon, Numerix CEO and President.

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