Thoma Bravo has announced its intention to acquire a stake in Trading Technologies, a leading SaaS platform for derivatives trading, in a deal valued at over $1 billion.

Information on the Target

Thoma Bravo has reached an agreement to acquire a stake in Trading Technologies, a prominent provider of Software as a Service (SaaS) platforms specialized in derivatives trading. This acquisition is valued at over $1 billion and is anticipated to finalize in the fourth quarter of 2025, pending regulatory approval. 7RIDGE, which previously acquired Trading Technologies in 2021, will continue to hold a minority stake in the company. This earlier acquisition was backed by limited partners such as Cboe and Singapore Exchange.

Headquartered in Chicago, Trading Technologies delivers advanced trading infrastructure and analytics software to global futures commission merchants, brokers, and buy-side institutions. Since being acquired by 7RIDGE, the company has undergone a significant transformation, positioning itself for sustained growth in the competitive trading technology landscape.

Industry Overview

The derivatives trading industry is experiencing rapid evolution, driven by technological advancements and increasing market complexity. In particular, the demand for high-performance trading platforms has sur