Miami International Holdings to Acquire The International Stock Exchange

Deal News | Jun 06, 2025 | Reed Smith

Miami International Holdings to Acquire The International Stock Exchange

Miami International Holdings (MIH), a technology-driven financial marketplace leader, has made a recommended acquisition offer for The International Stock Exchange (TISE) at a price of £22.50 per share, valuing TISE's entire issued share capital at roughly £70.4 million. TISE, headquartered in Guernsey, is renowned as a major European professional bond market, hosting over 4,400 securities worth more than £750 billion. Reed Smith, a global law firm, advised MIH on this significant acquisition. The legal team included lawyers from its London and New York offices, spearheaded by lead partner Herb Kozlov. MIH already operates a range of financial exchange platforms and this acquisition aligns with its strategy to expand its financial marketplace business using proprietary technology.

Sectors

  • Financial Services
  • Legal Services

Geography

  • United States – Miami International Holdings is based in the United States.
  • Guernsey – The International Stock Exchange is headquartered in Guernsey.
  • United Kingdom – Reed Smith's legal team advising on the deal included members from the UK office.

Industry

  • Financial Services – Miami International Holdings and The International Stock Exchange operate in the financial services sector, focusing on securities and market exchanges.
  • Legal Services – Reed Smith, a legal advisory firm, played a significant role in facilitating the acquisition of The International Stock Exchange.

Financials

  • GBP 70.4 million – The total valuation of The International Stock Exchange's entire issued and to-be-issued ordinary share capital in the acquisition.

Participants

NameRoleTypeDescription
Miami International HoldingsBidding CompanyCompanyA leader in building and operating financial marketplaces enabled by proprietary technology.
The International Stock ExchangeTarget CompanyCompanyProvides financial markets and securities services, well-known as a major European professional bond market.
Reed SmithLegal AdvisorCompanyA global law firm advising Miami International Holdings on the acquisition.
Herb KozlovLead PartnerPersonLead partner from Reed Smith overseeing the legal advisory on the acquisition.