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Announced

Symphony Technology Group to acquire Gresham Technologies for £147m.

Synopsis

Symphony Technology Group, an American private equity firm, agreed to acquire Gresham Technologies, a mission-critical software and automation solutions provider, for £147m. "We couldn't be more excited about bringing together two leading financial technology providers and leveraging the respective strengths of each company to drive greater value for our combined customers. By combining Gresham with Alveo we will create a capital markets data management specialist that offers clients greater scale and a range of solutions to facilitate their business processes. We look forward to welcoming Gresham to the STG family," Marc Bala, STG Partners Managing Director.

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