Charles Schwab to Buy Private Company Trading Platform for $660 Million

Charles Schwab to buy private company trading platform for $660 million

Westlake-based Charles Schwab announced on Nov. 6 a deal to acquire San Francisco-based Forge for $45 per share in cash. For Schwab, the deal accelerates the financial giant's strategy to provide access to private markets for retail and adviser clients as demand for those types of investments is skyrocketing with companies staying private longer. Read on to learn more.

Schwab to Buy Forge Global for $660 Million as Demand for Pre-IPO Shares Grows

Schwab Set to Buy Private Share Platform for About $600 Million

Charles Schwab to acquire Forge Global in $660m deal

US-based financial services company Charles Schwab has signed an agreement to acquire Forge Global Holdings in a transaction worth around $660m.  Under the agreement, Schwab will buy all issued and outstanding common shares of Forge for $45 per share in cash.  The deal has been unanimously approved by the boards of directors of both companies, which is expected to close in the first half of 2026.  Its closing is subject to certain customary clos…

Schwab to Acquire Forge

The Charles Schwab Corporation (Schwab) has entered into a definitive agreement to acquire Forge Global Holdings, in a transaction valued at approximately $660 million. Forge operates the premier private market platform and a leading trading marketplace through which investors have bought and sold more than $17 billion in private company shares1. Forge offers qualified investors a range of direct and indirect opportunities to participate in the …

North Texas' Charles Schwab to Acquire Forge Global in $660M Deal, Aims to 'Democratize Access' to Private Markets

Dallas Innovates, Every Day: Here's what's new + next in North Texas. Westlake-based financial services giant Charles Schwab Corp. has agreed to acquire San Francisco-based Forge Global Holdings Inc. [NYSE: FRGE] for roughly $660 million. Forge operates a premier private market platform and a leading trading marketplace through which investors have bought and sold more than $17 billion in private company shares.…The post North Texas’ Charles Sch…