L Squared Capital Partners Acquires Sterling Trading Tech
September 8, 2021
L Squared Capital Partners acquired Chicago-based Sterling Trading Tech from LLR Partners and other investors, with Sterling’s management participating in the transaction. The deal positions L Squared to invest in product development, sales expansion and strategic add-on acquisitions to broaden STT’s trading platform, OMS and risk product suite across additional asset classes and geographies.
- Buyers
- L Squared Capital Partners, Sterling Trading Tech management
- Targets
- Sterling Trading Tech
- Sellers
- LLR Partners, Other investors
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Transaction Type
- Buyout
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