FAQ: Trading Technologies Partners with Thoma Bravo for Growth
Summary
Trading Technologies International announces a partnership with Thoma Bravo, supported by 7RIDGE, to accelerate its growth and innovation in the capital markets technology sector.
What is the main topic of the announcement?
The announcement is about Trading Technologies International (TT) partnering with Thoma Bravo, a leading software investment firm, to continue its growth, with support from its current owner, 7RIDGE.
Why is this partnership significant?
This partnership is significant because it combines TT’s business and technology experience with Thoma Bravo’s strategic and operational expertise, positioning TT for accelerated growth and innovation in the capital markets.
How does this partnership work?
Thoma Bravo and 7RIDGE will collaborate to provide TT with operational guidance, resources, and long-term investment to accelerate innovation and strengthen its market leadership.
Who is involved in this partnership?
The partnership involves Trading Technologies International, Thoma Bravo, and 7RIDGE, with TT’s CEO Justin Llewellyn-Jones, 7RIDGE’s Founder Carsten Kengeter, and Thoma Bravo’s Senior Partner A.J. Rohde and Principal George Jaber playing key roles.
When is the transaction expected to close?
The transaction is expected to close in Q4 2025, pending regulatory clearance.
What are the implications of this partnership for TT?
The partnership positions TT to capitalize on market opportunities for speed, reliability, and next-generation innovation, enhancing its role as the operating system for the capital markets.
Who are the advisors involved in this transaction?
Houlihan Lokey and Barclays are acting as financial advisors, Proskauer as legal advisor, and Oliver Wyman as market and commercial advisor to TT. Ardea Partners LP and Goodwin Procter LLP are advising Thoma Bravo.
What is 7RIDGE’s role in TT’s growth?
7RIDGE, TT’s current owner, is a specialized growth equity firm that has supported TT’s rapid evolution and will continue to guide the company to the next level alongside Thoma Bravo.
What does Thoma Bravo bring to the partnership?
Thoma Bravo brings deep software expertise, operational rigor, and long-term investment to accelerate TT’s innovation and market leadership.
This story is based on an article that was registered on the blockchain. The original source content used for this article is located at citybiz
Article Control ID: 129014