FalconX Acquires Arbelos Markets

FalconX Acquires 21shares

November 23, 2025

Financial Services

FalconX has completed the acquisition of 21shares, a leading issuer of crypto exchange-traded products (ETPs), to expand its product, structuring and market infrastructure capabilities across the United States, Europe and Asia-Pacific. 21shares will remain an independently managed business under FalconX with Russell Barlow continuing as CEO, and FalconX says existing ETP/ETF investment objectives will not change.

Talos Acquires D3X Systems

May 9, 2023

Cloud & SaaS

Talos, a provider of institutional digital-asset trading technology, has acquired D3X Systems, a portfolio-engineering SaaS platform that supports systematic investment strategies. The acquisition brings pre-trade portfolio design, back-testing, optimization and risk attribution capabilities into Talos's trading platform to better serve institutional clients such as ETF issuers, RIAs and SMA providers.

Brevan Electronics Acquires Falcon Electronics

December 9, 2024

Aerospace & Defense

Brevan Electronics has acquired Falcon Electronics, a Commack, New York-based distributor of high-reliability electronic components serving the aerospace and defense industries. The acquisition brings together Brevan's global inventory access and value-added capabilities with Falcon's certified quality systems and long-standing A&D customer relationships to expand product offerings and service capabilities.

Argano Acquires SCMO2 and Arbela Technologies; Monroe Capital Provides Financing

June 29, 2021

IT Services

Argano, a Trinity Hunt Partners portfolio company, has acquired supply-chain planning firm SCMO2 and Microsoft Dynamics partner Arbela Technologies to expand its digital transformation and ERP capabilities. Monroe Capital acted as administrative agent and joint lead arranger on a senior credit facility to refinance Argano and support these add-on acquisitions and future growth.

Aurionpro Solutions Acquires Paris-based Fenixys

December 23, 2024

IT Services

Aurionpro Solutions Limited has acquired Fenixys, a Paris-based capital markets consulting firm, in an all-cash deal valued at €10 million. The acquisition strengthens Aurionpro's banking and fintech offerings and expands its footprint into Europe and the Middle East by adding Fenixys' MUREX and capital markets advisory capabilities.

AcheronTrading Acquires HedgeTech LLC

November 7, 2022

Software

AcheronTrading has acquired HedgeTech LLC, a Boston-based algorithmic market-making technology platform founded in 2018. The deal adds HedgeTech’s exchange integrations, low-latency infrastructure, and trading algorithms to AcheronTrading’s digital-asset market-making operations; financial terms were not disclosed.