The TRADE

JULY 29, 2024

Previously he worked as an equities and fixed income trader at James Hambro & Partners and before that as a high touch cash equities trader for Jefferies. He joined Ninety One in 2013 as a client operations analyst, moving into a portfolio implementation role in 2015 and taking up his current role as fixed income trader in 2018.

Asset Management 62

Asset Management Equities Trading Sale 62

The TRADE

JULY 22, 2024

Head of London equity trading at Morgan Stanley Investment Management, Mark Perry, has retired The TRADE revealed. Also notable was the announcement of Jeremy Ellis’ retirement as head of European equity trading at T. Citi named Jamie Miller head of electronic equity sales trading for the EMEA region. Rowe Price.

Trading 62

Trading Equities Sale Investment Manager 62

The TRADE

MARCH 4, 2024

Redburn Atlantic has expanded its UK and European execution business with two new heads of sales trading. Tony Atkins was appointed UK head of sales trading. Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management.

Asset Management 70

Asset Management Sale Trading Equities 70

The TRADE

SEPTEMBER 18, 2023

BlackRock selected a former FlexTrade order management system pre-sales specialist for a solutions engineering role on its flagship Aladdin platform. Walker originally joined LSEG in 2018 and has since served as head of equity and fixed income primary markets.

Bank 62

Bank Banking Stock Equities 62

The TRADE

NOVEMBER 13, 2023

Nasdaq European Markets selected Matteo Balladori, former head of European business development at Citadel Securities, to join the venue as a senior sales director, The TRADE revealed. He joined Nasdaq European Markets in its European equities sales team based in London after nearly six years at Citadel Securities.

Asset Management 57

Asset Management Management Sale Trading 57

Sica Fletcher

NOVEMBER 19, 2019

Our recent blog posts have covered the private equity boom in insurance brokerages , however, the reality is that the vast preponderance of insurance brokerages (probably over 95%) have revenues under $5 million annually. How can you take advantage of the dramatic upsurge of private equity investment in the insurance brokerage?

Private Equity 52

Private Equity Equities Insurance Business 52

The TRADE

NOVEMBER 8, 2024

After two years in his first role, Grady moved to Bankers Trust Asset Management where he spent four and a half years as an international equity dealer also based in Sydney. Beginning his career in 1990 as an FX dealer at Bank of America in Sydney, Grady has spent almost four decades working in financial markets across the globe.

Trading 52

Trading Investment Manager Management Asset Management 52

The TRADE

DECEMBER 4, 2023

Justin Llewellyn-Jones has been appointed chief operating officer (COO), joining from Broadridge where he most recently served as chief product officer and head of capital markets, North America (equities, FX and derivatives). Heffernan will join from Flow Traders, where he has been head of fixed income sales since 2019.

Trading 113

Trading Utilities Sale Business 113

The TRADE

FEBRUARY 5, 2024

Booij, who is joining the Eurex executive board in May, most recently served as chief executive of ABN AMRO Clearing, having been appointed in 2018. Mark Burgess joined commodities specialist Marex as equities trader following a 14-year stint at Winterflood Securities.

Investment Banking 62

Investment Banking Finance Finance Equities 62

The TRADE

DECEMBER 4, 2023

Sparacino has an extensive career in options trading after also previously in senior sales and options roles for four years at Dash Financial Technologies and six and a half years at ConvergEx Group. Ronan McMahon was appointed algorithmic sales trader at CLSA, following his departure from Morgan Stanley back in May.

Capital Market 62

Capital Market Broker Asset Management Trading 62

The TRADE

NOVEMBER 6, 2023

Industry Person of the Year 2023 shortlist: Seema Arora, managing director, head of execution sales, Instinet Europe Champion of The TRADE’s Rising Stars of Trading and Execution award scheme, Instinet Europe’s Seema Arora needs little introduction with an extensive financial career spanning more than 25 years.

Trading 52

Trading Asset Management Equities Management 52

The TRADE

OCTOBER 9, 2023

Sam Hewson – previously global head of digital FX solutions and EMEA head of corporate sales and solutions (CSS) – was appointed global head of FX sales, according to an internal memo seen by The TRADE. Zain Nizami, global head of cash equity trading, will also join ESMF as well as having oversight of CRB risk.

Electronics 62

Electronics Trading Book-building Financial Institution 62

Shearman & Sterling

AUGUST 7, 2018

On July 30, 2018, Chancellor Andre Bouchard of the Delaware Court of Chancery determined that the deal price minus synergies was the best evidence of the fair value of Solera Holdings, Inc. ("Solera") in an appraisal action arising from the acquisition of Solera by Vista Equity Partners. July 30, 2018). 12080-CB (Del Ch.

Mergers and Acquisitions 52

Mergers and Acquisitions Shares Mergers Sale 52

The Deal

DECEMBER 4, 2023

NMI provides a white-label payments service to independent sales organizations that connect merchants and payment processors, software publishers and financial technology companies. from Bestport Ventures LLP and FF&P Private Equity Ltd. and Square parent Block Inc. The company purchased CreditCall Ltd.

Private Equity 52

Private Equity Sale Equities Business 52

Software Equity Group

JULY 9, 2024

Software executives may maintain their current role with their company post-sale or even take on additional responsibilities at the acquiring company or its board of directors. However, to maximize the chances of a profitable outcome, founders must proactively prepare for the sale.

Sale 52

Sale Corporation M&A Equities 52

Shearman & Sterling

DECEMBER 18, 2018

On December 11, 2018, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims against the former CEO of a technology company (the "Company") in connection with its take-private sale to a private equity firm. In re Xura, Inc. 12698-VCS (Del.

Private Equity 52

Private Equity Sale Equities Shares 52

Shearman & Sterling

AUGUST 7, 2018

On July 30, 2018, Chancellor Andre Bouchard of the Delaware Court of Chancery determined that the deal price minus synergies was the best evidence of the fair value of Solera Holdings, Inc. ("Solera") in an appraisal action arising from the acquisition of Solera by Vista Equity Partners. July 30, 2018). 12080-CB (Del Ch.

Mergers and Acquisitions 40

Mergers and Acquisitions Shares Mergers Sale 40

The TRADE

JANUARY 12, 2024

The Securities and Exchange Commission (SEC) has charged Morgan Stanley and Pawan Passi, former head of its equity syndicate desk, with multi-year fraud linked to block trades. While their conduct may have earned them tens of millions of dollars on low-risk trades, it violated the federal securities laws.

Trading 62

Trading Business Investors Stock 62

The Deal

FEBRUARY 6, 2024

BofA and A&O worked with WillScot on the $323 million sale of its tanks and pumps segment to Kinderhook Industries LLC in 2022. billion in 2018. billion in 2018. The buyer will pay $3 billion for the target’s equity and assume $800 million in debt. A&O’s Jeffrey J. to Double Eagle Acquisition Corp.

Mergers and Acquisitions 52

Mergers and Acquisitions M&A Finance Finance 52

Focus Investment Banking

MARCH 28, 2024

Summary Private equity’s investments in ophthalmology are entering a new, more mature lifecycle phase. We also expect many platform recapitalizations once private equity groups and lenders become comfortable with the interest rate environment. Most ophthalmology PPM organizations are still with their founding private equity sponsor.

Private Equity 52

Private Equity Equities Valuation Acquisitions 52

Shearman & Sterling

NOVEMBER 27, 2018

On November 20, 2018, Vice Chancellor Joseph R. the "Company") against former members of its board of directors in connection with the take-private acquisition of the Company by a private equity buyer group in June 2017. (the In Re Tangoe, Inc. Stockholders Litigation, C.A. 2017-0650-JRS (Del Ch.

Acquisitions 52

Acquisitions Private Equity Sale Equities 52

Shearman & Sterling

DECEMBER 18, 2018

On December 11, 2018, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims against the former CEO of a technology company (the "Company") in connection with its take-private sale to a private equity firm. In re Xura, Inc. 12698-VCS (Del.

Private Equity 40

Private Equity Sale Equities Shares 40

Shearman & Sterling

JULY 23, 2019

Slights III of the Delaware Court of Chancery dismissed an aiding and abetting claim asserted against a private equity buyer and its principals in a stockholder class action involving breach of fiduciary duty claims against the former CEO of a technology company in connection with its take-private sale to the private equity buyer.

Private Equity 52

Private Equity Equities Mergers Sale 52

The TRADE

NOVEMBER 29, 2023

The FCA decision was aimed at controlling the amount of equity trading which takes place away from public exchanges, however, Tony Shaw, executive director and head of sales, UK & Ireland at SIX Swiss Exchange, explained: “Traders seem agnostic as to whether the double volume caps are in place or not, regardless of the political rhetoric.”

Trading 57

Trading Equities IT Sale 57

Shearman & Sterling

NOVEMBER 27, 2018

On November 20, 2018, Vice Chancellor Joseph R. the "Company") against former members of its board of directors in connection with the take-private acquisition of the Company by a private equity buyer group in June 2017. (the In Re Tangoe, Inc. Stockholders Litigation, C.A. 2017-0650-JRS (Del Ch.

Acquisitions 40

Acquisitions Private Equity Sale Equities 40

Focus Investment Banking

APRIL 14, 2024

From 2018 to 2021, the total number of bakery workers declined nearly 12%, leaving operators struggling to replace highly experienced talent. General Mills acquired private equity-backed TNT Crust, a frozen pizza supplier, for $253 million.

M&A 52

M&A Food Private Equity Manufacturing 52

Software Equity Group

JANUARY 8, 2024

Now, we are excited to make the SEG SaaS Index available as an interactive tool that will enable software executives, private equity companies, venture capitalists, and others to view and sort key metrics for all companies in the Index and study historical trends. Sales-related tools help salespeople manage their pipeline more efficiently.

Management 52

Management Stock Mergers and Acquisitions Business 52

Software Equity Group

JANUARY 8, 2024

Now, we are excited to make the SEG SaaS Index available as an interactive tool that will enable software executives, private equity companies, venture capitalists, and others to view and sort key metrics for all companies in the Index and study historical trends. Sales-related tools help salespeople manage their pipeline more efficiently.

Business 52

Business Management Stock Mergers and Acquisitions 52

Shearman & Sterling

JULY 23, 2019

Slights III of the Delaware Court of Chancery dismissed an aiding and abetting claim asserted against a private equity buyer and its principals in a stockholder class action involving breach of fiduciary duty claims against the former CEO of a technology company in connection with its take-private sale to the private equity buyer.

Private Equity 40

Private Equity Equities Mergers Sale 40

Cooley M&A

AUGUST 7, 2018

dated July 9, 2018), the Delaware Supreme Court reversed the Delaware Chancery Court’s dismissal of deal litigation based on obtaining a cleansing vote under Corwin/Volcano because the defendants failed to show “as required under Corwin” that the vote was fully informed. of The Fresh Market shares, rolling over their equity.

Private Equity 52

Private Equity Equities Sale Food 52

Sica Fletcher

MARCH 12, 2024

Revenue Revenue multiples are a distant second option for insurance agency valuations, making up about 5% of the recorded deals we observed between 2018 and 2024. Our data has shown a 30% increase in deals that feature equity as a larger portion of the seller payout since 2018. So, what should insurance agencies expect in 2024?

Valuation 52

Valuation Insurance M&A Profitability 52

The Deal

SEPTEMBER 22, 2023

Care Bears is a multi-generational evergreen brand that’s done $5 billion in sales at retail,” Loch added. “It’s The controlling Weiss family sold a 60% stake in American Greetings to Clayton, Dubilier & Rice LLC in 2018 but kept CloudCo. “In While behemoths such as Walt Disney Co. ” approach. “It’s

Entertainment 40

Entertainment Private Equity Business M&A 40

Sica Fletcher

JULY 1, 2020

Update on Private Equity and Insurance Brokerages In our ,, previous article , we reported that the COVID-19 pandemic had not diminished the pace of mergers and acquisitions transactions we are seeing in the insurance agency and brokerage sector. Over 70 PE firms involved themselves in our sales processes. Dry powder reached $1.4

Private Equity 52

Private Equity Insurance Debt Equities 52

Sica Fletcher

DECEMBER 12, 2019

(Otherwise Known as “How Acquisitions Are Structured”) Our November blog post asked how a smaller agency can take advantage of the tsunami of private equity investment in insurance brokerages. Barring extenuating circumstances, 100% of the “value” of the equity is usually paid at the closing of the transaction.

Private Equity 52

Private Equity Insurance Equities Management 52

Growth Business

NOVEMBER 23, 2023

Augmentum launched on the main market of the London Stock Exchange in 2018, giving businesses access to patient capital and support, unrestricted by conventional fund timelines and giving public markets investors access to a largely privately held investment sector during its main period of growth. Managed by IP Group and North East Finance.

Investment 95

Investment Funds Capital Investors 95

The TRADE

OCTOBER 24, 2024

While adoption is widespread in equities other asset classes such as fixed income have been slower to adopt these systems given the nuances of the workflows and liquidity landscapes in these markets. They’re typically used in equities given that this asset class trades on exchange unlike fixed income and some foreign exchange assets.

Trading 118

Trading Investors IT S&P 118

Software Equity Group

FEBRUARY 28, 2023

At the end of 2022, EV/Revenue multiples were still 15% higher than in 2018. Meanwhile, the slowdown in Communications & Collaboration follows an extraordinary run-up during the pandemic, while the drop-off in valuation for Sales & Marketing reflects a pattern of cutting back on S&M in recessionary times.

Valuation 52

Valuation M&A Stock Business 52