Marlin & Associates' Client, OptionsCity Software, Acquired by Vela Trading Technologies
Marlin & Associates, international investment banking and strategic advisory firm, announced that its client OptionsCity Software, Inc., a Chicago, Illinois-based provider of futures and options trading, risk management and analytics solutions has been acquired by Vela Trading Technologies, a global provider of high performance trading and market data technology.
The full press release can be read here.
OptionsCity powers the trading, risk management and analytics needs of trading firms, exchanges, brokers & FCMs, hedge funds, financial institutions, commodity producers, and software vendors worldwide. The company enables trading of more than 600 products across more than 20 exchanges, within options on futures, futures and equity options.
“The Marlin & Associates team was invaluable in creating a competitive process for OptionsCity. Their deep understanding of financial technology within the global strategic and financial buyers helped create a highly successful outcome for all parties involved,” said Hazem Dawani, CEO of OptionsCity.
The combined company will deliver an expanded set of front-office products and services, including advanced analytics and risk management tools. The acquisition will also enhance Vela’s market access managed services and accelerate its data cloud strategy.
Marlin & Associates is one of the most active investment banking and strategic advisory firms providing counsel to worldwide buyers and sellers of middle-market fintech firms as well as others that provide information technology, application software, online data and services. Headquartered in New York City, with offices in Washington, D.C., and Toronto, Marlin & Associates has won numerous awards including the “Middle-Market Investment Bank of the Year,” “Boutique Investment bank of the Year”. “Middle-Market Financing Agent of the Year – Equity,” and “TMT Advisory Bank of the Year.” More than 20 transactions on which Marlin & Associates has advised have been recognized as “Deal-of-the-Year”. The Marlin & Associates team of professionals has advised on more than 200 information-technology transactions in 27 countries.