EXCLUSIVE: TradingScreen bought by Francisco Partners

Dan Barnes
Pierre Schroeder, Chairman & CEO, TradingScreen.

Execution management system (EMS) provider TradingScreen has been bought by private equity firm Francisco Partners for an undisclosed sum. The deal brings to a close a prolonged period in which TradingScreen had been up for sale according to sources.

TradingScreen, run by Pierre Schroeder as chairman of the board and chief executive officer, is privately held and does not file public accounts in the US but according to the firm’s 2020 accounts for Europe, filed with Companies House in the UK, the European business had a net asset value of £3.1 million in 2020, up from £1.69 million in 2019.

In recent years TradingScreen has successfully moved to a cloud-based model and the firm launched QUO, its execution management and workflow system in 2019, extending it to private banks in 2021. It has also successfully integrated with trading venues and data sources in the fixed income space to better support its value on the buy-side trading desk.

Clients confirm they have been informed about the acquisition. TradingScreen was not able to respond for comment before this story was published. Francisco Partners declined to comment.

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