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TMX Completes VettaFi Acquisition

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TMX Group Limited has completed the acquisition of VettaFi Holdings LLC, a US-based indexing, digital distribution and analytics company. In the first half of 2023, TMX aquired approximately 22% of the common units of VettaFi, and has now acquired the remainder.

The addition of VettaFi increases the depth and value of TMX’s data-driven insights, expands the company’s digital capabilities and expertise, and enriches the company’s support for ETF issuers. This acquisition is expected to accelerate TMX Group’s long-term global expansion and to increase its revenue from the Global Solutions, Insights and Analytics business and from recurring sources.

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