Source: Global Finance
By Anthony Noto
Regulatory technology—or RegTech—is likely to be a popular sector for dealmakers, according to Irina Krasik, managing director at private equity firm Stellex Capital Management.
So far in 2023, there have been 116 global RegTech deals, per data from Dealogic. The total deal value was more than $13.5 billion. Among the companies that were sold include Finellix, to Stellex Capital, and Adenza, to Nasdaq Inc.
Last year, there was a total of 201 RegTech M&A transactions.
“We believe there will be more M&A in the space as the existing players will need to continuously expand their portfolios to stay in front of the constant evolution and change that is present in the RegTech industry,” Krasik tells Global Finance…
Read full article: https://www.gfmag.com/topics/news/regtech-acquisition-merger-compliance-nasdaq-adenza
