Capitolis Acquires Capitalab from BGC Group for $46 Million
December 3, 2024
Capitolis has acquired Capitalab, BGC Group’s rates portfolio compression and margin optimization business, for $46 million. The purchase expands Capitolis’s compression and optimization capabilities and brings Capitalab founder Gavin Jackson onto the Capitolis executive team.
- Buyers
- Capitolis
- Targets
- Capitalab
- Sellers
- BGC Group, Inc.
- Industry
- Financial Services
- Location
- England, United Kingdom
- Transaction Type
- Divestiture
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