Tradeweb Acquires Trumid for Nearly $2 Billion

Tradeweb to Buy Trumid for $1.97bn

Tradeweb Markets Inc. has agreed to buy Trumid Holdings, LLC, a US credit trading platform, adding new-issue and grey-market bond trading and a client base of hedge funds and systematic traders. The post Tradeweb to Buy Trumid for $1.97bn in Credit Push first appeared on LeapRate.

Latham & Watkins Advises Trumid in US$1.97 Billion Acquisition by Tradeweb

Tradeweb Markets Inc. (Nasdaq: TW) (Tradeweb), a global leader in electronic trading facilitating more than US$3...

Tradeweb acquires Trumid, narrows competitive landscape

Tradeweb is acquiring Trumid in a US$1.97 billion deal, further consolidating the fixed income e-trading landscape. During a conference call, Tradeweb stated that the deal will increase its access to […]

Tradeweb strikes $1.97 billion deal to acquire Trumid

The transaction is expected to complete in H1 2027, and expands Tradeweb’s offering across the bond lifecycle, as well as bolstering the firm’s future growth outlook in US credit and its multi-asset class platform.

Tradeweb shares fell 11% the day it agreed to buy Trumid for $1.97 billion

Tradeweb will pay Trumid founders Ronnie Mateo and Mike Sobel's investors nearly $2 billion, with BofA having already flagged Trumid's market-share gains as a threat to Tradeweb just before the deal.

Tradeweb to acquire Trumid for $1.97bn

Tradeweb Markets Inc. (NASDAQ:TW) has entered into a definitive agreement to acquire Trumid Holdings, LLC, a financial technology company.