Making an acquisition in financial services

Aim
  • To identify and qualify an acquisition in financial instrument valuation market

Scope
  • One of Europe’s largest exchanges wished to diversify away from its core exchange activities
  • Cairneagle assessed various markets and identified independent valuation services as a growing market that was logical for our client to enter
  • We identified a suitable acquisition target for our client and carried out commercial due diligence on it, recommending that they should acquire it

Outcome
  • The business was acquired by our client, was combined with another business they owned, and is performing well