AcquisitionOct 19, 2026Pending
Hot🇺🇸 United States
TTrumid Holdings, LLCTMTradeweb Markets Inc.
Financial Institutions › Specialty Finance & Fintech
Equity value$1.97BEquity value
AnnouncedOct 19, 2026
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Tradeweb Markets Inc. agreed to acquire Trumid Holdings, LLC for approximately $1.97 billion, consisting of approximately $1.89 billion in cash and $82 million in equity.
Deal rationale
The acquisition is expected to expand Tradeweb's credit capabilities across the bond lifecycle and further differentiate its multi-asset class platform.
AI-generated from the SEC filingPendingFinancial Institutions › Specialty Finance & FintechUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $1.97B | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
MSMorgan Stanley
Sell-side
GSGoldman Sachs
Parties
Target
TTrumid Holdings, LLC
- Headquarters
- United States
- Ticker
- —
Acquirer
TMTradeweb Markets Inc.
- Headquarters
- United States
- Ticker
- —