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FT Partners Represents Investment Technology Group (NYSE: ITG) in Largest Deal in 20 Year History

Overview of Transaction
  • On July 13, 2005, Investment Technology Group announced its acquisition of The Macgregor Group for $230,000,000 in cash
  • NYSE-listed ITG, founded 20 years ago, has an approximately $1 billion enterprise valuation and will finance the full cash purchase price with a mix of balance sheet cash and newly issued debt
  • Privately held Macgregor is one of the world's first and leading order management systems (OMS)
Significance of Transaction
  • Transaction is groundbreaking in the financial technology/capital markets area, marking the first true integration of OMS technology and an agency only broker
  • Single largest acquisition to date for ITG since its start 20 years ago
FT Partners' Role
  • FT Partners acted as sole strategic and financial advisory to ITG and its Board of Directors
  • FT Partners was chosen over long standing relationships with bulge bracket investment banks for our independence, financial technology expertise
  • FT Partners will also serve as financial advisor in ITG's $200 million debt financing