Nasdaq / Adenza 2023

Nasdaq acquired Adenza for $11B on June 12, 2023.

Target

Adenza

Acquirer

Nasdaq

Deal value

$11B

Deal type

Mixed

Announced

June 12, 2023

Sub-sector

Capital Markets Tech

Nasdaq acquires Thoma Bravo-owned risk management and regulatory reporting software to anchor its financial technology segment for banks and broker-dealers.

Deal value

$11B

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

June 12, 2023

Close date

November 1, 2023

Acquirer

Nasdaq (Strategic)

Target HQ

United States

Deal type

Mixed

Sub-sector

Capital Markets Tech

Source: nasdaq.com