smartTrade Receives Strategic Investment from TA Associates
Deal News | Apr 03, 2025 | HG Capital
SmartTrade Technologies, a prominent provider of multi-asset electronic trading and payments platforms, has announced a new strategic investment from TA Associates, a globally recognized private equity firm. The partnership includes a reinforcement of commitment from SmartTrade's CEO, David Vincent, and the management team, who will invest alongside TA Associates. This move is set to accelerate SmartTrade's growth trajectory, particularly focusing on AI adoption and flexibility in hosting and execution. Over the past five years, under the strategic guidance of HG Capital, SmartTrade has solidified its presence, particularly in North America, by doubling its revenue and making significant acquisitions. The company's innovative culture is echoed by Max Cancre and Morgan Seigler from TA, who see immense potential in scaling the company globally. Meanwhile, HG Capital reflects on their successful partnership with SmartTrade, which has positioned the company as a leading trading and payments technology vendor.
Sectors
- Financial Services: Electronic Trading and Payments
- Private Equity and Investment Management
Geography
- France – SmartTrade Technologies is based in Aix-en-Provence, France, making it a key geographical location for the firm's operations and strategic initiatives.
- Global – The strategic investment aims at scaling SmartTrade Technologies' operations globally, emphasizing its international market presence and future expansion plans.
Industry
- Financial Services: Electronic Trading and Payments – SmartTrade Technologies operates in the electronic trading and payments technology space, providing platforms that cater to capital markets and financial institutions globally.
- Private Equity and Investment Management – The involvement of private equity firm TA Associates highlights the investment management and private equity industry's role in strategic business growth and development.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| smartTrade Technologies | Target Company | Company | A leading global provider of multi-asset electronic trading and payments platforms. |
| TA Associates | Bidding Company/Investor | Company | A leading global private equity firm that is providing strategic investment in smartTrade. |
| HG Capital | Selling Company | Company | The previous private equity firm that partnered with and supported smartTrade for the past five years. |
| David Vincent | CEO & Co-Founder | Person | As CEO and Co-Founder of smartTrade, he is reinvesting alongside TA Associates to further the company's growth. |
| Max Cancre | Managing Director at TA Associates | Person | A senior executive at TA Associates commenting on the strategic partnership. |
| Morgan Seigler | Managing Director at TA Associates | Person | Another senior executive at TA Associates highlighting the global scale potential of smartTrade. |
| Sebastien Briens | Partner at HG Capital | Person | Partner at HG Capital who commented on the successful collaboration with smartTrade. |