Houlihan Lokey Advises Trading Technologies on Its Partnership With Thoma Bravo

Houlihan Lokey is pleased to announce that following a comprehensive review of suitable investors, Trading Technologies International, Inc. (Trading Technologies), a global capital markets technology provider, and its current owner, 7RIDGE, have agreed to partner with leading software investment firm Thoma Bravo for the company’s next phase of growth.

Terms of the transaction, expected to close in Q4 2025 after regulatory clearance, were not disclosed.

Trading Technologies is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, commodity trading advisors, commercial hedgers, and risk managers. With its roots in listed derivatives, the software-as-a-service company delivers “multi-X” solutions, with “X” representing asset classes, functions, workflows, and geographies. This multi-X approach features trade execution services across futures and options, fixed income, foreign exchange, and cryptocurrencies augmented by solutions for data and analytics, including transaction cost analysis, quantitative trading, compliance and trade surveillance, clearing and post-trade allocation, and infrastructure services. The award-winning Trading Technologies platform ecosystem also helps exchanges deliver innovative solutions to their market participants, and technology companies to distribute their complementary offerings to Trading Technologies’ clients.

7RIDGE is a private markets asset manager and specialized growth equity firm investing in transformative technologies for financial services that power the global economy. 7RIDGE acquired Trading Technologies in 2021.

Thoma Bravo is one of the largest software-focused investors in the world, with approximately $184 billion in assets under management as of March 31, 2025. Through its private equity, growth equity, and credit strategies, the firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Over the past 20+ years, the firm has acquired or invested in approximately 535 companies representing approximately $275 billion in enterprise value (including control and non-control investments).

Houlihan Lokey served as the lead financial advisor to Trading Technologies and 7RIDGE.

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