Bregal Milestone
03 Dec 2024
The transaction will enable the firm’s executive team to significantly accelerate its growth strategy, pursue strategic M&A targets, invest further in the firm’s technology platform and expand Options’ reach in key financial centers globally. No further terms of the transaction were disclosed.
Options, founded in 1993 as a hedge fund technology services provider, has expanded rapidly in recent years and now finds itself as an established market leader in outsourced financial technology and managed IT services to the global capital markets. The firm has close to 300 employees globally and offices across the US, London, Belfast, Hong Kong, Singapore, Toronto, Dublin, Geneva and Auckland.
Founded in 1989, Abry Partners is one of the premier media, communications, internet infrastructure, business and information services-focused private equity investment firms. This investment in Options adds to their growing portfolio of companies in the Managed Service Provider sector.
Danny Moore
President and CEO - Options
Tomer Yosef-Or
Partner - Abry
Options Technology is the leading provider of cloud-enabled managed services to the global financial services sector. Founded in 1993, the company began life as a hedge fund technology services provider. Today over 200 firms globally leverage our award-winning front to back office managed infrastructure: Managed Platform, Managed Colocation, Managed Applications and technology consultancy services. Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.
Options was named among the UK’s leading growth companies in 2019, 2018 and 2017 Sunday Times HSBC International Track 200 league table.
For more on Options, please visit www.options-it.com, follow us on Twitter at @Options_IT and visit our LinkedIn page.
OptionsNiall McAleer
Options
niall.mcaleer@options-it.com