BGC Sells Capitalab to Capitolis
Deal News | Dec 12, 2024 | Bryan Cave Leighton Paisner LLP
In a strategic business transaction, BGC Group, Inc., a prominent financial technology and marketplace services provider, has sold its Capitalab business, a leader in Rates Portfolio Compression and Margin Optimization, to Capitolis UK Limited. This move allows Capitolis, a fintech company specializing in unlocking capital constraints, to widen its offering and drive innovation to address the changing needs of its clients. The transaction was facilitated by Bryan Cave Leighton Paisner LLP, with multiple key legal figures involved across various specializations, showcasing the complex nature of the deal. Capitolis was counseled by Goodwin Procter LLP, underscoring the importance of experienced legal advice in such significant financial operations.
Sectors
- Financial Technology
- Legal Services
Geography
- United States – BGC Group, Inc. is a leading company based in the United States.
- United Kingdom – Capitolis UK Limited is based in the United Kingdom, and Bryan Cave Leighton Paisner LLP advised from its London office.
Industry
- Financial Technology – The transaction involves Capitalab, a leader in Rates Portfolio Compression and Margin Optimization, which are key components of fintech solutions for capital and trading markets.
- Legal Services – The involvement of Bryan Cave Leighton Paisner LLP and Goodwin Procter LLP indicates significant legal advisory services in this transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BGC Group, Inc. | Selling Company | Company | A leading global marketplace, data, and financial technology services company. |
| Capitalab | Target Company | Company | A business segment of BGC offering Rates Portfolio Compression and Margin Optimization. |
| Capitolis UK Limited | Buying Company | Company | A fintech company aiming to unlock capital constraints and that acquired Capitalab. |
| Bryan Cave Leighton Paisner LLP | Legal Advisor to BGC | Company | Provided legal advice to BGC Group for the transaction. |
| Goodwin Procter LLP | Legal Advisor to Capitolis | Company | Provided legal advice to Capitolis for the acquisition. |