SmartTrade Technologies Secures New Strategic Investment from TA Associates
Deal News | Apr 11, 2025 | White & Case
International law firm White & Case LLP has represented Hg—a prominent European private equity outfit—and smartTrade Technologies in TA Associates' strategic investment in the latter. Notably, smartTrade Technologies specializes in multi-asset electronic trading and payment platforms. Post-transaction, Hg will have fully divested its interests in smartTrade Technologies, transferring ownership to new strategic partner, TA Associates, along with continuing investments from CEO David Vincent and the smartTrade management. The deal remains conditional on standard worker council operations relevant to legal practices. The law firm involved, White & Case, previously advised a significant investment in Septeo Group and is known for its adept handling of complex transactions.
Sectors
- Private Equity
- Technology - Electronic Trading and Payments
- Legal Services
Geography
- Europe – Hg is cited as a leading European specialist investor, and smartTrade Technologies operates globally, indicating a strong European connection.
- Global – smartTrade Technologies, being a global provider, suggests the transaction's extended international relevance.
Industry
- Private Equity – The article discusses Hg, a private equity firm, and its divestment from smartTrade Technologies, involving TA Associates, another private investor.
- Technology - Electronic Trading and Payments – smartTrade Technologies is a provider of electronic trading and payment platforms, indicating its primary involvement in fintech and digital trading solutions.
- Legal Services – White & Case, a global law firm, plays a central advisory role in this transaction, highlighting the significance of legal expertise in such deals.
Financials
- Not disclosed – The financial terms of the strategic investment and divestment were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| smartTrade Technologies | Target | Company | A major provider of multi-asset electronic trading and payments platforms. |
| Hg | Selling Company | Company | A European specialist private equity investor divesting its stake in smartTrade Technologies. |
| TA Associates | Bidding Company | Company | A strategic investor acquiring a stake in smartTrade Technologies. |
| White & Case LLP | Legal Advisor | Company | The global law firm advising Hg on the transaction. |
| David Vincent | Stakeholder | Person | CEO and co-founder of smartTrade Technologies, part of the investment continuation. |