BMO Financial Group Acquires Clearpool Group Inc.

January 22, 2020

BMO Financial Group has agreed to acquire Clearpool Group Inc., a New York-based provider of electronic trading solutions and an independent agency broker-dealer. The acquisition will add Clearpool’s algorithmic trading technology and broker-dealer client base to BMO’s electronic trading platform; the deal is expected to close in the second quarter pending regulatory approvals, with terms undisclosed.

Buyers
BMO Financial Group
Targets
Clearpool Group Inc.
Location
New York, United States
Transaction Type
Buyout

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