TA Associates has acquired a strategic stake in smartTrade Technologies, a provider of multi-asset electronic trading and payments platforms, with David Vincent, CEO and Co-Founder of smartTrade, and the broader management team, also participating.
Headquartered in Aix-en-Provence, France, with additional offices in London, Paris, Geneva, New York, Toronto, Tokyo, and Singapore, smartTrade offers customers secure, cost-effective, and advanced end-to-end SaaS solutions designed to accelerate growth in electronic trading and payments.
TA Associates’ investment will fuel smartTrade’s continued innovation, geographic expansion, and scalable growth, with a focus on AI-driven solutions and deployment flexibility.
As part of the deal, Hg, a prominent investor in European and transatlantic software and services businesses, will fully exit its majority stake in smartTrade. The transaction’s completion is contingent on customary workers’ council consultations in accordance with applicable laws.
Financial details of the deal remain undisclosed. Arma Partners advised smartTrade, while Houlihan Lokey and Deutsche Bank provided advisory services to TA Associates
