Long Ridge and DRW VC Lead Majority Growth Investment in NinjaTrader

Kraken Acquires NinjaTrader from Long Ridge for $1.5 Billion

March 21, 2025

Financial Services

Kraken has completed the acquisition of NinjaTrader, a leading U.S. retail futures trading platform, in a transaction valued at $1.5 billion. The deal, which buys the company from Long Ridge Equity Partners after a five-year ownership period, expands Kraken’s capabilities into traditional derivatives and aims to integrate NinjaTrader’s futures platform into Kraken’s product suite while operating NinjaTrader as a standalone brand.

Long Ridge Equity Partners Makes Minority Growth Investment in Drawbridge

March 11, 2021

Cybersecurity

Long Ridge Equity Partners has made a minority growth capital investment in Drawbridge, a cybersecurity software provider serving the alternative investment industry. The investment will support Drawbridge's global expansion, accelerate product innovation, and grow its client base; Long Ridge will also place Kevin Bhatt and Jason Melton on Drawbridge's board.

Long Ridge Equity Partners Makes £100m+ Growth Investment in QX Global Group

July 10, 2024

Professional Services

QX Global Group, a UK-headquartered business process management and consulting provider, secured a growth investment of over £100 million from US growth equity firm Long Ridge Equity Partners. The capital will support QX's platform development and global expansion; the deal includes leadership changes with Abid Neemuchwala joining as Chairman and founder Chris Robinson stepping down from the board.

7RIDGE Acquires Trading Technologies

October 31, 2021

Cloud & SaaS

7RIDGE, a specialized growth equity firm, has agreed to acquire Trading Technologies International, a provider of high-performance professional trading software and a SaaS trading platform. The investment will fuel Trading Technologies' organic growth, support its SaaS product roadmap and enable targeted strategic acquisitions while the company remains independent under new ownership.

Long Ridge Equity Partners Leads Growth Investment in RFG Advisory

August 2, 2023

Wealth Management

Long Ridge Equity Partners led a growth capital investment in RFG Advisory, a turn-key platform for independent financial advisors that supports more than 100 advisors and oversees over $4 billion in assets. The investment will fund enhancements to RFG’s technology and go-to-market capabilities and support executive team expansion; Andrew Cedar and Doug Nelson will join the Board of Managers.

Summit Partners Leads Growth Investment in NinjaRMM

March 12, 2020

Cloud & SaaS

NinjaRMM closed a growth equity financing round led by Summit Partners, which took a minority stake while leaving the company founder-led and independent. The capital will be used to accelerate product development and expand the company's cloud-based remote monitoring and endpoint management platform for MSPs, SMBs and mid-market customers.