Seward & Kissel represented Abel Noser and Estancia Capital in the transaction.
Abel Noser Holdings, LLC, a leading provider of multi-asset class trade analytics and agency-only brokerage services, executed the acquisition of Trade Informatics LLC, a New York based firm offering equities trade cost analysis (TCA), customized solutions, and its START systematic execution platform.
The acquisition is subject to customary regulatory approval which is expected sometime in the second quarter of 2021. With this acquisition, Abel Noser continues to strengthen its position as a market leader in providing innovative analytic and execution solutions to the institutional financial services industry. Trade Informatics’ START Systematic Trading program will be added to Abel Noser’s product lineup and its TAP trade analytics capability will be merged into Abel Noser’s multi-asset class TCA platform Trade Zoom.
Seward & Kissel represented Abel Noser and Estancia Capital with Robert M. Kurucza, James E. Abbott (Picture), Craig A. Sklar, Meir R. Grossman, Nick Katsanos, Gerhard Anderson, and Danielle Lemberg.
Involved fees earner: James Abbott – Seward & Kissel; Gerhard Anderson – Seward & Kissel; Meir Grossman – Seward & Kissel; Robert Kurucza – Seward & Kissel; Danielle Lemberg – Seward & Kissel; Nick Katsanos – Seward & Kissel; Craig Sklar – Seward & Kissel;
Law Firms: Seward & Kissel;