Transaction · Capital Markets Tech · 2026

State Street acquires Stairs

State Street acquired Stairs on July 1, 2026.

Target
Stairs
Acquirer
State Street
Announced
July 1, 2026
Sub-sector
Capital Markets Tech

Transaction overview

  • State Street announced the acquisition of Stairs on July 1, 2026.

Strategic rationale

State Street acquires Stairs from Nextensa and Promobe; strategic buy in capital markets infrastructure.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
July 1, 2026
Acquirer
State Street (Strategic)

Sources

  • globenewswire.com /news-release/2026/07/01/3320872/0/en/Nextensa-and-Promobe-complete-the-sale-of-Stairs-S-%C3%A0-r-l-to-State-Street-Services-Luxembourg.html