Chairman and CEO
July 15, 2014 - Newton, MA
Morgan Partners, an independent middle-market investment bank serving the financial technology sector, today announced its role as exclusive financial advisor to FXDD in its merger with Boston Technologies, Inc.
The new company combines Boston Technologies – a leading provider of financial technology, one of the fastest growing companies in Boston1, and a member of Inc. Magazine’s 5,000 fastest growing private companies in America four years running – with FXDD, a leading provider of end-to-end foreign exchange (FX) software solutions to financial institutions, brokerages and money managers around the world. The new company will operate under the brand name Boston Technologies Powered by FXDD with an expanded and improved suite of products and technology solutions.
"Our transaction with Boston Technologies was highly complex,” said Emil Assentato, Chairman of FXDD. “We could not have completed the deal without the strategic guidance and skilled execution from Morgan Partners. They quarterbacked the entire process. Under their leadership, we met an aggressive timeline and achieved our business objectives. The Morgan Partners team is remarkable.”
Further detail about the transaction can be found here.
About Boston Technologies Inc.
Boston Technologies, based in Boston, MA, is a world-leading innovator and provider of trading technology and software for institutional and retail brokerage firms trading in foreign exchange and other over-the-counter instruments. Boston Technologies is headquartered in Boston with additional offices in New York, London, Tokyo and Shanghai. We invite you to learn more about Boston Technologies at www.bostontechnologies.com.
FXDD is an online foreign exchange trading company dedicated to providing superior customer service to both individual and institutional traders. The Company offers trading software, trading services, and trading tools. FXDD created the first enterprise-level technology, which supports the popular trading platform MetaTrader 4. The Company serves individual and institutional traders, hedge funds, commercial entities, brokerage firms, and money managers globally. For more information, please visit www.fxdd.com.
1According to the Boston Business Journal.