In a landmark move, Nasdaq has signed an agreement to purchase Adenza, a provider of risk management and regulatory software in the financial services sector, for a whopping $10.5 billion, from Thoma Bravo. The acquisition, financed in a mix of cash and common stock, fast-tracks Nasdaq’s strategic aspiration to become a global linchpin in the […]
Thoma Bravo acquisition of AxiomSL : Private equity firm Thoma Bravo has agreed to acquire a controlling stake in New York-based Axiom Software Laboratories (AxiomSL), which provides cloud-enabled risk management and regulatory solutions for banking, broker dealers, investment management, and commodity trading institutions. The financial terms of the deal were not disclosed. AxiomSL, which was […]
