Gresham Technologies Acquires Electra Information Systems for $38.6M

June 22, 2021

Gresham Technologies plc has completed the $38.6 million acquisition of Electra Information Systems, a provider of post-trade automation, reconciliation and data aggregation solutions for buy-side financial firms. The deal expands Gresham's reconciliation and data-control capabilities and strengthens its operations in North America; Electra's employees and customers will be integrated into Gresham's Clareti platform.

Buyers
Gresham Technologies plc
Targets
Electra Information Systems, Inc.
Industry
Software
Location
New York, United States
Transaction Type
Buyout

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