About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Hg Acquires Stakes in SmartTrade

Subscribe to our newsletter

French trading platform supplier SmartTrade last month quietly announced that private equity firm Hg had acquired stakes in the company from existing investors Keensight Capital and Pléiade Venture. SmartTrade isn’t saying much about the deal but in a statement reported that the existing management team under CEO David Vincent will remain in place and as investors.

Hg is an established investor in software businesses. It has form in the trading technology space, having been an investor in Ullink prior to its sale to Itiviti.

In its statement, SmartTrade said Hg will support the company’s innovation and R&D philosophy. It said the company has seen rapid growth in recent years with subsidiaries in London, Geneva, Milan, New York, Tokyo and Singapore.

For its part, Hg has been investing in capital markets and wealth and asset management technology for almost 20 years and has known the smartTrade team since 2015. Hg’s investment will be made from the Mercury 2 Fund. The investment represents the firm’s seventh investment in technology businesses serving the capital markets and wealth and asset management sectors, including previous investments such as FE fundinfo, a global fund data and technology leader, based in London and Zurich, and Ullink.

Ullink received a significant investment from Hg Capital in 2014, which subsequently decided to divest its stake and opened the door to the acquisition by Itiviti.

Hg was advised on the SmartTrade investment by White & Case, Deloitte and Bryan, Garnier & Co. smartTrade was advised by Arma Partners and Hoche Partners. The proposed investment is subject to French workers’ council consultations and customary clearances.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Agility as Alpha: How Trading Infrastructure Determines Who Wins in Volatile Markets

Date: 21 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Tariff shocks, geopolitical realignment and macroeconomic regime shifts are redrawing the investment landscape faster than most firms’ technology stacks can keep up. For hedge funds and asset managers, the ability to move quickly into new asset classes, geographies or...

BLOG

HPR Launches Maxbot Hardware Gateway as Market Access and Risk Controls Hit Software Limits

HPR, the high-performance infrastructure provider, has launched Maxbot, a fully hardware-based market access gateway and pre-trade risk solution, reflecting what the firm describes as a structural shift in how latency-sensitive trading infrastructure is being built and governed. Maxbot combines market access and pre-trade risk enforcement into a single hardware appliance, delivering a complete wire-to-wire hardware...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Practical Applications of the Global LEI – Client On-Boarding and Beyond

The time for talking is over. The time for action is now. A bit melodramatic, perhaps, but given last month’s official launch of the global legal entity identifier (LEI) standard, practitioners are rolling up their sleeves and getting on with figuring out how to incorporate the new identifier into their customer and entity data infrastructures....