smartTrade

smartTrade in its acquisition of TickTrade

Client

smartTrade

Value

-

Service

Mergers and Acquisitions

Date Closed

November 2021

Industry

Technology

Lead Office

Toronto

 

On November 22, 2021, smartTrade completed its acquisition of TickTrade. The company will operate under the smartTrade name and will create a global leader in SaaS FX trading platforms, offering the most comprehensive eFX solutions to financial institutions worldwide. Hg, a leading software and services investor, will remain majority investor in the combined company alongside Keensight and Pléiade Venture.

smartTrade is a leader in multi-asset electronic trading solutions.

TickTrade is a Toronto-based e-Trading SaaS software solutions firm with operations in North America, Europe and Asia.

Osler, Hoskin & Harcourt LLP advised smartTrade (an Hg portfolio company) with a team lead by Alex Gorka and including Kai Sheffield, Rob Valentini, Susan Mansuri (Corporate), David Davachi, Taylor Cao, James Chang (Tax), Kelly O’Ferrall (Employment) and Katelyn Smith (Privacy and Data Management).