Announced
Completed
Financials
Tags
financial technology
trading communications
network services
Private Equity
Software
Acquisition
Domestic
Majority
Completed
Friendly
Single Bidder
United States
Private
Synopsis
Strategic Value Partners, a global alternative investment firm, completed the acquisition of the remaining 40% stake in IPC Systems, a global provider of mission-critical trading communication technology and network services to the financial markets industry. Financial terms were not disclosed. "We are delighted to continue our partnership with SVP. IPC is executing an ambitious growth plan that will further enhance its already-leading position in the market with industry expertise, customer service and technology offerings," Bob Santella, IPC CEO.
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