BGC Group Acquires OTC Global Holdings

BGC Group Acquires OTC Global Holdings

April 1, 2025

Financial Services

BGC Group, Inc. entered into an agreement to acquire OTC Global Holdings, LP, the largest independent institutional energy and commodities brokerage firm, to expand and diversify its Energy, Commodities and Shipping business. The acquisition was completed in a substantially all-cash transaction for $325 million, with BGC acquiring 100% of OTC’s equity and subsidiaries.

Oil Brokerage Acquires Blue Commodities

October 9, 2024

Energy

Oil Brokerage, a subsidiary of OTC Global Holdings, has acquired rival broker Blue Commodities to strengthen its physical oil broking capabilities. The deal folds Blue Commodities into Oil Brokerage and OTC Global Holdings, with Blue Commodities CEO Jon Pike becoming COO, Physical, and the target's leadership and desk heads remaining in place to preserve client relationships across Northwest Europe, the Mediterranean and West Africa.

OSTC/OSTG Group Acquires BG Consulting

January 27, 2021

Education

BG Consulting, a UK-based financial training and education specialist, has been sold to OSTG Group (also referenced as OSTC), a global derivatives trading and education business. The transaction will combine BG Consulting's training capabilities and global associate network with OSTC/OSTG's trading and education platform to expand offerings and geographic reach in the financial training market.

Komgo Acquires GlobalTrade Corporation (GTC)

December 1, 2022

Payments & Fintech

Swiss-headquartered Komgo has acquired GlobalTrade Corporation (GTC), combining their trade finance digitization platforms to create a larger, global offering for corporates and banks. The combined business will offer broader coverage and complementary capabilities across the full range of trade finance instruments and workflows.

BWG Strategy (Infinedi-backed) Acquires OTR Global

March 13, 2023

Professional Services

BWG Strategy, a subscription-based primary research platform backed by Infinedi Partners, has acquired OTR Global, a long-standing provider of interview-based channel and primary research for institutional investors. The deal expands BWG's research product breadth, global reach and subscription content offerings for asset managers, hedge funds and other institutional clients.

BGC Group Acquires Sage Energy Partners

October 10, 2024

Energy

BGC Group, Inc. (Nasdaq: BGC) has acquired Sage Energy Partners, LP, a Houston-based energy and environmental brokerage firm. The deal expands BGC's U.S. energy brokerage capabilities — adding coverage in refined products, biofuels, ethanol, carbon emissions, NGLs and petrochemicals — and strengthens its Energy, Commodities, and Shipping (ECS) business.