Financial Technology Partners ("FT Partners") Advises QuantHouse On Its Growth Financing With Viewpoint Capital Partners
FT PARTNERS' SIXTH HIGHLY SUCCESSFUL TRANSACTION IN THE LOW-LATENCY / HIGH FREQUENCY TRADING AND SOLUTIONS SPACE
SAN FRANCISCO, May 10, 2011 /PRNewswire/ -- Financial Technology Partners LP and FTP Securities LLC (together, "FT Partners"), are pleased to announce the completion of another highly successful and significant transaction in the Securities and Capital Markets Technology sector, serving as sole strategic and financial advisor to Paris-based QuantHouse and its Board of Directors on its growth financing with Zurich-based ViewPoint Capital Partners. QuantHouse is an independent global provider of low-latency trading solutions and is headquartered in Paris with sales offices in London, New York, and Chicago.
"We've enjoyed working closely with QuantHouse on this important international transaction," said Steve McLaughlin, Managing Partner of Financial Technology Partners. "The investment by ViewPoint in QuantHouse represents a significant milestone for the company and marks FT Partners' sixth recent transaction in the low-latency / high-frequency trading and solutions space."
"We were intrigued by the company's outstanding market positioning and its superb client base in Europe and the USA that ensured high double digit growth rates over the last years and created a very attractive investment target for our fund," said Christian Janson-Euterneck, Managing Partner of ViewPoint Capital Partners in Frankfurt.
FT Partners was named "Investment Bank of the Year" in 2004 and 2006, and was also recognized as "DealMaker of the Year" in 2007, 2008 and 2009.
Selected FT Partners Transactions:
- Sale of Instinet's stake in Chi-X Europe to BATS Global Markets
- Sale of TheMarkets.com to McGraw Hill / Standard & Poor's / CapitalIQ
- $700 mm sale of Automated Trading Desk to Citigroup
- $225 mm sale of Wombat Financial Software to NYSE Euronext
- $110 mm minority recapitalization for TradingScreen
- $250 mm capital raise for Liquidnet
- $56 mm sale of Majestic Research to ITG
- IPO advisory services for Envestnet's $69 mm initial public offering
- Minority capital raise for Tora Holdings by Goldman Sachs
- $35 mm capital raise for MarketAxess
- $230 mm acquisition of MacGregor Group by ITG
- Sale of 35% minority interest in Forex Capital Markets (FXCM)
- $125 mm sale of LatentZero to Fidessa
- Acquisition of TORC Financial by Instinet
- Minority interest financing for UNX by Goldman Sachs and others
- OpHedge's strategic alliance with Citco Fund Services
About Financial Technology Partners LP and FTP Securities LLC
FT Partners is the only investment banking firm focused exclusively on providing strategic and financial advisory services to CEOs in the dynamic financial services and technology sector. The firm offers strategic advisory services in mission-critical transactions including mergers, acquisitions, IPOs, LBOs, refinancings, recapitalizations and private capital raisings. FT Partners' Managing Partner, Steve McLaughlin formerly was a senior investment banker in Goldman, Sachs & Co.'s Financial Technology Group and was the senior investment banker in the Financial Institutions Group in San Francisco before leaving the firm to form FT Partners in late 2001. San Francisco-based FT Partners is comprised of a team of experienced investment bankers formerly with the financial technology, M&A and investment banking groups of Goldman Sachs, Credit Suisse and Banc of America Securities. The firm has also been recognized as "Investment Banking Firm of the Year" in 2004 and 2006. Steve McLaughlin was also named in 2006, 2007 and again in 2008 to Institutional Investor's "Online Finance 40" ranking of most influential leaders in online finance. Any securities related transactions contemplated by or acted upon hereunder are conducted by FTP Securities LLC, a FINRA broker-dealer and a wholly owned subsidiary of Financial Technology Partners LP. For additional information, please visit www.ftpartners.com.
About QuantHouse
QuantHouse is an independent global provider of low-latency trading solutions. These include ultra-low-latency market data technologies, Automated Trading Platform, trading infrastructure and order routing services to help hedge funds, proprietary desks and low-latency-sensitive sell side firms to take the lead. With more than 14 international hosting facilities within or near more than 30 exchanges all interconnected by our proprietary fiber optic network, QuantHouse clients benefit from a leading global trading infrastructure for ultimate results. For further information, please visit www.quanthouse.com.
About ViewPoint Capital Partners
Viewpoint Capital Partners is a specialized European private equity firm solely focused on commercially successful software & internet technology companies, with a clear value proposition and revenues ranging from euro 3m to over euro 30m. With funds of euro 200 million under management, ViewPoint provides capital for growth & international expansion, shareholder liquidity, buy-outs and acquisitions. Investors in the funds advised by ViewPoint include European banking corporations, international funds-of-funds, asset managers, pension funds and insurance companies as well as selected private individuals. For additional information, please visit www.viewpointpartners.com.
SOURCE Financial Technology Partners
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