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.

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
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 4, 2021

Sources