Bannockburn Global Forex, LLC
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Bannockburn Global Forex, LLC - overview
Established
2009
Location
Cincinnati, OH, US
Primary Industry
Business Support Services
About
Bannockburn Global Forex, LLC is a financial services firm specializing in foreign currency exchange, interest rate management, and commodities trading, providing advisory and execution solutions to corporate and institutional clients. Founded in 2009 and headquartered in Cincinnati, US, Bannockburn Global Forex, LLC focuses on providing services in foreign currency exchange and related financial markets. The firm has successfully completed two deals, the most recent being in June 2019, when First Financial Bank acquired the company from Patriot Financial Partners. The founder's history is not disclosed in the available data.
Bannockburn Global Forex specializes in comprehensive advisory and execution services in foreign currency exchange, interest rate management, and commodities trading. The firm offers corporate and institutional clients a suite of products including transactional, hedging, and analytical solutions to optimize capital market strategies. Since its inception, Bannockburn has evolved to serve a diverse client base, with plans to expand its offerings in commodities and interest rate risk management by 2025, while primarily focusing on the U. S.
market and engaging with international clients. Bannockburn generates revenue through transactional services and advisory fees linked to the execution of financial trades and risk management solutions. The firm primarily engages in B2B transactions, where clients enter into partnerships for regular foreign exchange transactions, paying fees based on the volume and frequency of trades. This pricing structure fosters long-term client relationships through transparency and expert guidance in capital market activities.
Bannockburn Global Forex, LLC aims to expand its product line by launching new solutions in commodities and interest rate risk management by 2025. The firm is also targeting international markets to enhance its service offerings. The acquisition by First Financial Bank in June 2019 is expected to provide additional resources and support for these growth initiatives.
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
www.bbgfx.com
Verticals
FinTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Bannockburn Global Forex, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Bannockburn Global Forex, LLC | - | ||||||||
| Growth | Completed | Bannockburn Global Forex, LLC | - |
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