Goodwin Advises Trading Technologies on its Acquisition of TRAFiX
The Private Equity team advised Trading Technologies (TT) on its acquisition of TRAFiX LLC (TRAFiX), a leading provider of equities and equity options order and execution management systems (OEMS) and FIX connectivity solutions. The addition of TRAFiX will make TT one of the most comprehensive multi-asset trading platforms in capital markets technology, extending its coverage across every major asset class, from futures, foreign exchange (FX), and fixed income to global equities and equity options, on a single, cloud-native platform.
Trading Technologies, owned by Thoma Bravo and 7RIDGE, is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers and risk managers. With its roots in listed derivatives, the Software-as-a-Service (SaaS) company delivers “multi-X” solutions across asset classes, functions, workflows and geographies. The TT platform ecosystem features trade execution across futures, options, fixed income, FX, and cryptocurrencies, augmented by solutions for data and margin analytics, trade surveillance, clearing, and post-trade allocation.
The Goodwin team was led by David E. Johanson, Larissa Cespedes-Yaffar, Dylan S. Brown, and Emily Josef.
For more information on the deal, please read the press release.