Deals & Transactions

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ACA and Foreside to merge

ACA and Foreside to merge

ACA Group and Foreside Financial Group, LLC, US-based providers of governance, risk, and compliance (GRC) solutions to clients in the financial services industry, have announced that they have signed a definitive agreement to combine their two companies. 

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BITA raises EUR6m in Series A funding

BITA raises EUR6m in Series A funding

Index innovator BITA has received EUR6 million of Series A funding by ETFS Capital. The firm writes that the investment allows BITA to accelerate its technology rollout, add new functionalities to its all-in-one indexing platform and expand its business activity further across Europe and North America.

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SIX buys ETF data specialist firm ULTUMUS

SIX buys ETF data specialist firm ULTUMUS

The Swiss exchange, SIX, is acquiring ULTUMUS LTD, the London-based index and ETF data specialist. SIX writes that the acquisition is aimed at enhancing SIX’s data offering and to support its overall strategy to bring new data to its clients, making trading in ETFs more transparent and efficient for customers. The transaction closed yesterday, 12 July 2021. Financial terms of the acquisition are not disclosed.