TORA Trading Services Limited
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TORA Trading Services Limited - overview
Established
2004
Location
Burlingame, CA, US
Primary Industry
Software
About
Founded in 2004, and based in California, US, TORA Trading Services Limited operates as a provider of investment management technologies for asset managers, hedge funds, proprietary trading firms and sell-side trading desks. In February 2022, London Stock Exchange Group plc, a portfolio company of SGAT - Blackstone - Private Equity, agreed to acquire TORA Trading Services Limited for USD 325 million in cash. TORA Trading Services Limited develops a digital asset and fund trading platform which provides order execution management system (OEMS), compliance and analytics engines, outsourced trading, and a portfolio management system (PMS) with transaction cost analysis for customers trading equities, fixed income, FX, derivatives and digital assets. TORA Trading Services Limited plans to be part of LSEG’s Data & Analytics division.
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.tora.com
Verticals
Cloud Computing, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
TORA Trading Services Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | TORA Trading Services Limited | - |
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