Keensight Capital, a private equity managers dedicated to pan-European growth buyout investments, is to sell shares of smartTrade Technologies, a specialist in multi-asset electronic trading solutions, to Hg.Founded in 1999 and headquartered in France, smartTrade Technologies has developed an automated trading platform which enables fast access to a wide range of liquidity for Foreign Exchange (FX), Fixed Income, Equities, Cryptocurrencies, and Derivatives. These solutions connect to numerous liquidity providers, aggregation, smart order routing, order management, pricing, distribution, risk management capabilities, and an HTML5 user interface.
The group is located across four continents, with offices in France, Geneva, London, Milan, New York, Singapore, and Tokyo. This international presence has enabled smartTrade Technologies to build a very prestigious client base all over the world, including firms like the Bank of China, Citi, HSBC, Nomura, Kepler capital market and most recently, Mizuho Bank.
David Vincent, Chief Executive Officer and Co-Founder, smartTrade Technologies, comments: “We want to thank Keensight Capital for having played a decisive role in our growth as a supportive shareholder with a strong, value-added impact. As an important partner, their long-term and tremendous support will remain crucial to achieving the ambitious objectives we have set for the coming years.”
Jerome Pujol, Managing Partner at Keensight, says: “smartTrade is a great example of a success story backed by Keensight and reflects our investment strategy in fast-growing and profitable companies. During our five-year tenure as a shareholder, smartTrade has strengthened its leadership position in financial software provision for the multi-asset electronic trading space. The company has also enriched its portfolio solutions with new asset classes and has pursued its global expansion. We are confident in smartTrade’s potential for further growth, under the leadership of David Vincent and its talented team, with the support of Hg.”
