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.
  • The deal is expected to close pending customary conditions.

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)

Frequently asked questions

When did State Street announce the acquisition of Stairs?

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

What sub-sector is Stairs in?

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

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