Equilend has acquired Finadium, according to a public statement. The terms of the purchase were not immediately available.
Equilend is a firm providing tech for the securities industry, like trading, workflow tools, and more.
Finadium is a consulting firm that provides research on securities, including repo, collateral, and other capital markets aspects.
Finadium serves a global client base, and the acquisition expands EquiLend’s access to market intelligence, consultancy capabilities, and supports its position as a resource for the global securities finance community.
Rich Grossi, CEO of EquiLend, said Finadium is a best-in-class consulting firm, and they will support its independence while investing to broaden and expand its consultancy services.
Josh Galper, leader of Finadium, said the sale to EquiLend will support the entire funding and financing industry.
“We’re excited to maintain our editorial independence while delivering world-class market intelligence and consulting to both EquiLend clients and a diverse range of market participants globally.”
Equilend was acquired in 2024 by Welsh, Carson, Anderson & Stowe for an estimated value exceeding $800 million. The company currently serves over 190 institutions.