Transaction · Capital Markets Tech · 2021

United Fintech / FairXchange 2021

United Fintech acquired FairXchange on November 23, 2021.

Target
FairXchange
Acquirer
United Fintech
Announced
November 23, 2021
Sub-sector
Capital Markets Tech

Transaction overview

  • United Fintech announced the acquisition of FairXchange on November 23, 2021.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquire trading analytics and market data capabilities to scale capital markets software platform for institutional clients.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 23, 2021
Acquirer
United Fintech (Strategic)

Frequently asked questions

When did United Fintech announce the acquisition of FairXchange?

United Fintech announced the acquisition of FairXchange on November 23, 2021.

What sub-sector is FairXchange in?

FairXchange is tracked in the Capital Markets Tech sub-sector.

Sources

  • finanznachrichten.de /nachrichten-2021-11/54563314-united-fintech-announces-acquisition-of-trading-analytics-firm-fairxchange-004.htm