FT Partners Advises CVC on its Acquisition of OANDA
Overview of Transaction
- On May 2, 2018, the shareholders of OANDA announced a sale of the company to funds managed by CVC Capital Partners
- Founded in 1995, OANDA is a global online retail trading platform, currency data, analytics and money transfer company
- OANDA combines its award-winning technology and institutional-grade execution across a wide range of asset classes, enabling clients to trade currencies, equity indices, commodities, treasuries and precious metals
- CVC Capital Partners is a leading private equity and investment advisory firm managing over $70 billion in assets
Significance of Transaction
- Under the new ownership, OANDA will continue to be led by Chief Executive Officer, Vatsa Narasimha, who was pivotal in the investment from CVC and instrumental in growing the business at a CAGR of over 25% since 2015
- CVC will support OANDA’s continued growth including initiatives to make strategic acquisitions in Asia, and in investing to further broaden its product set
FT Partners' Role
- FT Partners served as sole strategic and financial advisor to CVC Capital Partners
- This transaction highlights FT Partners’ expertise in the Capital Markets Tech space and continued success in providing buy side advisory to top-tier financial sponsors