.jpg)
NovitasFTCL are pleased to announce that NovitasFTCL acted as exclusive financial adviser to the shareholders of AlgoSpan Limited in its sale to Pico.
Founded in 2010, AlgoSpan is a UK-based managed trading infrastructure and real-time market data services provider focused on latency-sensitive financial services firms. Its end-to-end trading infrastructure includes managed networks, co-location services and exchange connectivity, and its real-time market data services include both raw and normalized market data. Pico is a US-based group of affiliated managed services providers of multi-asset electronic trading technologies. Its acquisition of AlgoSpan will help accelerate its European development. For further information on the transaction, please find below a link to its press release:
NovitasFTCL has over 45 years of combined experience in the fintech sector and provides M&A, capital raising and strategic advisory services. The company’s partners have advised and completed over 100 transactions across Europe. NovitasFTCL provides clients with extensive industry knowledge, long standing industry contacts and the ability to execute complex and often cross-border transactions. The company is based in London, focuses on the UK and European markets, and maintains numerous relationships in the US. Please refer to our new website for further information: http://www.novitasftcl.com
