BGC Partners, Inc. completed the acquisition of Sunrise Brokers LLP from Claude Amar and Robert Finegold.
December 14, 2016
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BGC Partners, Inc. (NasdaqGS:BGCP) entered into a definitive agreement to acquire Sunrise Brokers LLP from Claude Amar and Robert Finegold on July 19, 2016. Sunrise Brokers generated consolidated revenues of approximately $90 million in the financial year ending December 31, 2015. The transaction is subject to legal and regulatory approvals and certain closing conditions. Transaction is expected to close by the end of the year 2016. The transaction to be immediately accretive to BGC’s earnings per share. Chris Arnold, David Raff, Michael McKee and Ian Mason of DLA Piper UK LLP acted as the legal advisor for Claude Amar and Robert Finegold.
BGC Partners, Inc. (NasdaqGS:BGCP) completed the acquisition of Sunrise Brokers LLP from Claude Amar and Robert Finegold on December 15, 2016.
BGC Group, Inc. is a global brokerage and financial technology company servicing the financial markets. The Company, through its affiliates, specializes in the brokerage of a range of products, including fixed income, foreign exchange, equities, energy and commodities, shipping, and futures. It also provides a variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a range of financial and non-financial institutions. Through its brands, including Fenics, FMX, FMX Futures Exchange, Fenics Markets Xchange, Fenics Digital, Fenics UST, Fenics FX, Fenics Repo, Fenics Direct, Fenics MID, Fenics Market Data, Fenics GO, Fenics PortfolioMatch, BGC, BGC Trader, KACE and Lucera, it offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. It serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments and corporations.
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