Ion Group acquires Dash Financial in move to bolster options execution
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
A deal has been agreed in principle for Ion Group to buy Dash Financial from private equity firm Flexpoint Ford, WatersTechnology can reveal—the latest in a stream of deals for the fast-growing tech titan, and one that expands its services in options trading.
The purchase had been rumored in recent days, with four sources telling WatersTechnology a deal was in the offing. A spokesperson for Ion confirmed some of the details today. An acquisition agreement was signed in December and is expected
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