Orc Parent to Acquire Tbricks

stockholm — Tbricks was co-founded by a former Orc exec.

- James Rundle
- 02 Jan 2015

The transfer of ownership is subject to the approval of financier SEB. All firms will ultimately be owned by Nordic Capital Fund VII.

"We are very excited to announce Cidron Delfi Intressenter Holding AB´s acquisition of Tbricks. Jonas Hansbo and team have conceptualized and launched a strong, flexible trading platform, designed for the requirements of tomorrow. Orc remains committed to providing the best products and services for trading and electronic execution," says Torben Munch, CEO of Orc Group. "I anticipate the acquisition to significantly strengthen Orc's offering in the trading domain, and help us continue servicing the most sophisticated participants in global capital markets. The Tbricks team constitutes some of the most skilled, passionate and experienced technologists in the trading domain today, and the addition of them to our team will greatly enhance our competitiveness going forward."

Tbricks' CEO Jonas Hansbo previously worked at Orc Group, having the joined the firm in 1994 as a quantitative analyst, later becoming CTO and was head of quantitative trading before leaving to found the firm.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@waterstechnology.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@waterstechnology.com

More on Emerging Technologies

State Street expands in Abu Dhabi, Etrading advances UK bond tape, and more

The Waters Cooler: Avelacom expands access into Argentina’s capital markets, Seven Points Capital opens a London office, and more in this week’s news roundup.

30 Jan 2026

Re-examining Big Tech’s influence over the capital markets

Waters Wrap: A few years ago, it seemed the big cloud providers were positioning themselves to dominate the capital markets tech scene. And then came ChatGPT.

27 Jan 2026

NYSE plans new venue, Levy leaves Symphony, and more

The Waters Cooler: MIAX sells (most of) its derivatives exchange, BNY integrates with Morningstar on collateral, and science delights in this week’s news roundup.

23 Jan 2026

Identity resolution is key to future of tokenization

Firms should think not only about tokenization’s potential but also the underlying infrastructure and identity resolution, writes Cusip Global Services’ Matthew Bastian in this guest column.

23 Jan 2026

Waters Wavelength Ep. 345: Patrick McGarry’s Ride to Remember

Tony speaks with Patrick McGarry, who is riding his bike across America to raise $100,000 for the Tunnel to Towers foundation and to honor his sister, Katie, who was at Waters’ inaugural conference on 9/11.

22 Jan 2026

DTCC tests 24x5 trading, State Street launches digital asset platform, and more

The Waters Cooler: STG carves out S&P Global’s data businesses, Arcesium expands in Hong Kong, and Rimes partners with three vendors in this week’s news roundup.