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New Deal


Announced

Completed

TMX Group completed a $175m investment in VettaFi.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For21%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

digital distribution

Single Bidder

Cross Border

Information / Data Services

Completed

data analytics

Minority

Private

United States

Friendly

Synopsis

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TMX Group, a Canadian financial services company, completed a $175m investment in VettaFi, a US-based, privately owned data, analytics, indexing, digital distribution, and thought leadership company. "We are excited to announce a significant investment in VettaFi, which includes a commercial agreement that will accelerate TMX's global index strategy and increase the depth and value of data-driven insights we provide to clients around the world. VettaFi is a dynamic and growing index, ETF data and related digital distribution business, and we look forward to working together to explore ways to combine TMX Datalinx's data sets and capabilities with VettaFi's comprehensive services and expertise to further enhance our offerings," Jay Rajarathinam, TMX Group COO.

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