Vista Equity Partners Acquires TRG Screen from Pamlico Capital

TRG Screen Acquires Xpansion

January 19, 2024

Software

TRG Screen has acquired Xpansion, a cloud-based provider of reference data usage monitoring solutions for the financial services industry. The deal broadens TRG Screen’s market data usage and reference-data capabilities, integrating Xpansion’s Xmon, Xprocess and Xplore products into TRG Screen’s enterprise subscription and usage management platform; financial terms were not disclosed.

TRG Screen Acquires Axon Financial Systems

June 20, 2019

Software

TRG Screen has acquired Axon Financial Systems to integrate Axon's exchange policy and compliance solutions (PEAR, ADS, ACT, ADP) into TRG's FITS and INFOmatch subscription spend platforms. The deal will combine TRG's enterprise subscription spend management capabilities with Axon's compliance tooling to provide a joined spend, usage and compliance solution for financial market data consumers, exchanges and vendors; financial terms were not disclosed.

TRG Screen Acquires Market Data Insights (MDI)

February 11, 2020

Financial Services

TRG Screen has acquired Market Data Insights (MDI), a provider of market data expense management and managed services, to expand its managed-services capability and broaden its market data optimization offerings. Financial terms were not disclosed.

TRG Screen Acquires Crizit

October 6, 2025

Software

TRG Screen has acquired Crizit, a New York–based fintech that provides reference data optimization and intelligent data caching for financial institutions. The acquisition integrates Crizit's real-time optimization and caching capabilities into TRG Screen's market data management platform to expand product capabilities and deliver automated cost savings for clients.

Gemspring Capital Acquires TRG

January 9, 2026

IT Services

An affiliate of Gemspring Capital Management has acquired TRG, a Cleveland-area provider of enterprise mobility lifecycle management and integrated cybersecurity solutions. TRG founder and CEO Sean Kennedy, the Kennedy family, and the existing management team retain a significant ownership stake; Gemspring said it will provide capital and operational resources to support continued growth and strategic acquisitions.

Tallvine Partners Acquires TRG Datacenters

August 4, 2025

Infrastructure

Tallvine Partners, a Miami-based investment advisor focused on middle-market infrastructure, has acquired TRG Datacenters, a Houston-area data center owner-operator. Tallvine plans to scale TRG as its digital infrastructure platform, supporting an expansion of TRG’s Houston campus (including up to 24 MW of new capacity) and entry into additional Texas and U.S. metro markets to serve enterprise, hosting, cloud and AI customers.