FT Partners Advises TradingScreen in its Minority Recapitalization
Overview of Transaction
- On September 13, 2007, TradingScreen announced the successful completion of its minority recapitalization led by Technology Crossover Ventures
- Continental Investors and other undisclosed investors also participated in this new minority recapitalization
- Capital from this transaction will fund continued growth initiatives and simplify the company capital structure
- Largest minority recapitalization of the year in the financial technology sector
- Minority recapitalization retires existing non-employee shareholders and ensures TradingScreen will continue to provide a complete level of independence for the company
- Investment provides TradingScreen with strong financial technology expertise and industry relationships to fuel additional growth for the company
- FT Partners acted as exclusive strategic and financial advisor to TradingScreen and its Board of Directors
- FT Partners executed a competitive process for the lead role in this recapitalization and played a significant role in executive level negotiations