Marlin & Associates' client SpryWare LLC has been acquired by Pico Quantitative Trading Holdings LLC
Our client SpryWare LLC, a premier provider of real-time market data solutions for securities traders has been acquired by Pico Quantitative Trading Holdings LLC, whose businesses include a financial technologies services firm and an agency broker dealer.
SpryWare LLC, based in Chicago, IL, offers fully managed direct market data access and real-time ticker plant technology designed for low latency real-time access to data from securities markets around the world. SpryWare’s market data feed handler solutions process millions of messages-per-second on the smallest possible hardware footprint, giving clients a better balance between performance and cost of ownership. Many of the most sophisticated trading firms rely on SpryWare’s technology.
Pico Quantitative Trading Holdings LLC, based in New York City, operates a leading financial technologies services firm which provides infrastructure, integration management, and software solutions to a wide range of financial services firms and an agency broker dealer.
This is the sixth recent transaction involving real-time trading infrastructure on which Marlin & Associates has advised.
We are pleased to have been the exclusive strategic and financial advisor to SpryWare LLC on this transaction.
Marlin & Associates is one of the most active firms advising buyers and sellers of U.S. and international middle-market firms that provide software, data, and related services. The firm is based in New York City, with offices in San Francisco, CA, Washington, DC, Toronto, Canada, and Hong Kong, China and has been the recipient of numerous awards including “Middle-Market Investment Bank of the Year”, “Middle-Market Financing Agent of the Year – Equity.” And “TMT Advisory Bank of the Year”. Two transactions on which Marlin & Associates advised have been recognized as “Deals-of-the Decade”. Marlin & Associates’ team of professionals has advised over 200 information-technology transactions.
We are always pleased when we are able to help our clients achieve their strategic objectives.