Aramis advised the sellers, founders and strategic partners, in the acquisition of Enyx by Exegy, supported by the US fund Marlin Equity Partners. The combination creates the only global company offering a suite of products that leverage low-latency FPGA technology at all stages of the trading lifecycle.
Enyx is a leader in high-frequency trading and ultra-low latency FPGA-based solutions for the financial, telecommunications and high performance computing industries. Its customers include financial institutions, capital markets firms, market data providers, investment banks, brokers and investment funds. With an international presence, its teams are located in Paris, New York, Montreal, London and Hong Kong.
Exegy is a global leader in front-office trading solutions differentiated by hardware acceleration, predictive analytics and premium managed services. Backed by US-based Marlin Equity Partners, Exegy is headquartered in St. Louis, Missouri and also has operations in the US, UK and Asia-Pacific.
Marlin Equity Partners is an investment fund with over $8.1 billion in assets under management. Since its inception, it has successfully completed over 200 acquisitions across multiple industries. It is based in Los Angeles, California and has a presence in London.
The Aramis team that acted on the transaction included Bertrand Baheu-Derras, counsel, Léa Lorentz, associate, and Gaëtan Le Page, associate, in corporate/M&A, Benjamin May, partner, and Florent Mattern, associate, in IP/IT and Nelson Da Riba, partner, and Salomé Saada, associate, in tax.