Tick Data Bought Out by Management, VC


The management team of historical time-series data provider Tick Data -- with some backing from Canadian venture capital firm Tactico and the Tactex F1 Private Equity Fund -- has bought out the vendor from Disnat, the online brokerage arm of Desjardins Group, which acquired Tick Data parent Nexa Technologies, the technology business of now-bankrupt broker and clearing firm Penson Worldwide.

The deal closed Tuesday morning, May 14, for an undisclosed sum, after several companies bid to buy the ve