Simpson Thacher is representing eToro Group Ltd. in connection with its agreement to acquire TradeZero Holding Corp., a U.S.-focused online brokerage serving active traders, in a cash-and-stock transaction valued at approximately $231 million. Completion of the proposed transaction is subject to regulatory approvals and other customary closing conditions.
The Simpson Thacher team includes Sven Mickisch, Matthew Nemeroff, Lisa Morales, Price Figurelli-Reid, Nina Fathjalali and Samrat Basani (M&A); Alec Jarvis, Andrew Wasilick and Benjamin Bressler (Tax); Larry Moss, Phillip Popkin and Dashiell Wulterin (Executive Compensation and Employee Benefits); Justin Browder, John Rupp and Jack Malich (Regulatory); Caroline Geiger, Kim Le, Dewey Kang and Tally Smitas (Intellectual Property); Peter Guryan, Kelly Karapetyan and Rick Jamgochian (Antitrust); Mick Tuesley and Jim Perry (FDI); Abram Ellis, Christine Tillema and Olenka Burghardt (Sanctions); Étienne Renaudeau, Marija Momic and Alexandra Allum-Pearce (Regulatory Europe); and Edgar Lewandowski and Eliza Murray (Capital Markets). Maeve Rapkins and Justin Choo also provided valuable assistance.