New York – (business wire)–DA Davidson & Co. today announced that it has acted as exclusive financial and strategy advisor to Etrading Software on a significant investment received from LDC, the private equity and debt securities division of Lloyds Banking Group.
Etrading Software develops, operates and maintains systems that provide official security identification and reference data and aggregation tools to financial services firms and regulators around the world. It is the primary service and technology provider of the Derivatives Services Bureau (DSB), the global numbering body for over-the-counter (OTC) derivatives. End users include the world’s leading financial institutions, asset managers, information services and trading platforms. LDC’s investment supports Etrading Software’s efforts to continue expanding its range of technology-enabled services internationally.
Ken Marlin, vice chairman of DA Davidson’s Technology Investment Banking Group, said: , data and analytics ecosystem, and our track record of helping our U.S. and international clients find strong partners and influence successful deals even in challenging environments. We are always happy when we help companies achieve very favorable results.”
Since January 2021, Technology Group has completed over 50 advisory and public equity transactions valued at over $20 billion.
DA Davidson’s Investment Banking Division is a leading full-service investment bank offering comprehensive financial advisory and capital markets expertise. The group has extensive trading experience serving mid-market clients around the world across his four verticals: Consumer, Diverse Industries, Financial Institutions, and Technology. DA Davidson, together with its European strategic partner MCF Corporate Finance, initiates and executes trans-Atlantic M&A transactions under the common brand of DA Davidson MCF International.
About DA Davidson Companies
DA Davidson Companies is an employee-owned financial services company that provides a variety of financial services and advice to individuals, businesses, institutions and local governments nationwide. Founded in 1935, the company is headquartered in Great Falls, Montana, with regional headquarters in New York, Los Angeles, Denver, Omaha, and Seattle, and has approximately 1,525 employees and offices in 28 states.
Subsidiaries include: DA Davidson & Co. is a full-service investment firm that provides wealth management, investment banking, equity and fixed income capital markets services and advice. Davidson Investment Advisors, a professional wealth management firm. DA Davidson Trust Company, a trust and asset management company. Davidson Fixed Income Management is a registered investment advisor providing fixed income portfolios and advisory services.
For more information, visit dadavidson.com.
