Simpson Thacher is representing Tradeweb in connection with its agreement to acquire Trumid for a purchase price of approximately $1.97 billion. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals. It is targeted to close in the first half of 2027.
Tradeweb Markets Inc. (Nasdaq: TW) is a leading global operator of electronic marketplaces for rates, credit, equities, and money markets. Trumid is a credit-focused financial technology company and fixed income electronic trading platform.
The Simpson Thacher team includes Peter Guryan, Antonio Bavasso, Josh Buckland, Richard Jamgochian, Kelly Karapetyan, Sarah Chaudhuri, and Geoffrey Schmelkin (Antitrust).