Horizon Software is planning to develop its electronic trading platform and build geographical presence on the back of investment from European private equity firm Capzanine. The equity firm has taken a majority stake in the company alongside shareholder Sylvain Thieullent, CEO at Horizon, and the management team.
Thieullent says the investment will help Horizon confirm its electronic trading platform as a cross-asset solution and expand its geographical presence through organic strategy or acquisition. He says: “The management team and I are convinced by Capzanine’s capacity to support the company in this new developmental phase. We share a common goal, namely value creation through strong commitment to delivering quality to clients. This alignment will allow Horizon to accelerate its growth while staying focused on its expertise.”
Benoit Choppin, partner at Capzanine, adds: “Horizon Software shows great promise. The management team aspires to expand in APAC and the Americas, develop new asset classes and reinforce its position in France. We are happy to invest together with the management and support Horizon in this new development era.”
From its inception in 1998, Horizon has worked with investment banks in the design of its electronic trading platform. It has 90 clients in 26 countries and connectivity to over 70 exchanges. The company is headquartered in Paris with operations worldwide and 100 employees.