Transaction · Capital Markets Tech · 2021

Quantum FinTech / TradeStation 2021

Quantum FinTech Acquisition Corporation acquired TradeStation Group for $1.4B on November 4, 2021.

Target
TradeStation Group
Acquirer
Quantum FinTech Acquisition Corporation
Deal value
$1.4B
Announced
November 4, 2021
Sub-sector
Capital Markets Tech

Transaction overview

  • Quantum FinTech Acquisition Corporation announced the acquisition of TradeStation Group on November 4, 2021 for $1.4B.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Multi-asset trading platform with crypto capabilities and API infrastructure provides digital assets exposure and fintech integration opportunities.

Deal terms & multiples

Deal value
$1.4B
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
November 4, 2021

Frequently asked questions

How much did Quantum FinTech Acquisition Corporation pay for TradeStation Group?

Quantum FinTech Acquisition Corporation acquired TradeStation Group for $1.4B, announced on November 4, 2021.

When did Quantum FinTech Acquisition Corporation announce the acquisition of TradeStation Group?

Quantum FinTech Acquisition Corporation announced the acquisition of TradeStation Group on November 4, 2021.

What sub-sector is TradeStation Group in?

TradeStation Group is tracked in the Capital Markets Tech sub-sector.

Sources