Purestream (Financial Software)

New York, New York

Classification

Private

About

About

PureStream Trading Technologies is a technology company that specializes in providing advanced trading solutions and technologies to the financial industry. PureStream aims to empower traders and financial institutions with high-performance tools and systems that enhance trading efficiency, improve liquidity, and optimize trade execution. PureStream Trading Technologies operates at the intersection of finance and technology, offering solutions that cater to the diverse needs of institutional traders, brokers, exchanges, and other market participants. The company combines deep domain expertise in trading with robust technology infrastructure to deliver comprehensive solutions that address the challenges and requirements of the modern financial ecosystem. Product Breakdown: Trading Platforms: PureStream Trading Technologies offers a range of trading platforms that cater to different types of market participants. These platforms provide access to global markets, allowing traders to execute trades across multiple asset classes, including equities, futures, options, and foreign exchange. The trading platforms are equipped with advanced order routing capabilities, real-time market data, risk management tools, and analytics, empowering traders to make informed decisions and execute trades efficiently. Algorithmic Trading Solutions: PureStream provides algorithmic trading solutions that enable traders to automate their trading strategies and execute trades based on pre-defined rules and parameters. These solutions leverage advanced algorithms, machine learning, and quantitative models to analyze market data, identify trading opportunities, and execute trades with speed and precision. Algorithmic trading solutions offer enhanced execution capabilities, reduce manual intervention, and help traders capitalize on market inefficiencies. Order Management Systems (OMS): PureStream's order management systems facilitate the efficient handling and management of trading orders. These systems enable traders to monitor and manage their order flow, track trade execution, and ensure compliance with regulatory requirements. The OMS provides a centralized platform for order routing, trade allocation, and post-trade processing, streamlining the trading workflow and enhancing operational efficiency. Market Connectivity: PureStream Trading Technologies offers market connectivity solutions that enable market participants to access and interact with various trading venues and liquidity providers. These solutions provide reliable connectivity to exchanges, alternative trading systems (ATS), and other market participants, allowing for efficient order routing and trade execution. Market connectivity solutions ensure low-latency connectivity, robust data feeds, and high-performance execution. Risk Management and Compliance: PureStream recognizes the importance of risk management and compliance in the financial industry. The company provides risk management and compliance solutions that help traders and financial institutions mitigate risks, ensure regulatory compliance, and adhere to industry best practices. These solutions encompass risk assessment tools, compliance monitoring, trade surveillance, and reporting capabilities to enhance transparency and regulatory oversight. Analytics and Reporting: PureStream offers advanced analytics and reporting capabilities to help traders gain valuable insights into their trading activities. The company's analytics tools provide real-time and historical data analysis, performance metrics, and transaction cost analysis (TCA), allowing traders to evaluate and optimize their trading strategies. Comprehensive reporting features enable traders to generate customized reports, monitor trading performance, and meet regulatory reporting requirements. Custom Development and Integration: PureStream Trading Technologies provides custom development and integration services to meet specific trading requirements of clients. The company collaborates closely with clients to understand their unique needs and develops tailored solutions that integrate seamlessly with existing trading infrastructure. This includes customizing trading algorithms, building proprietary trading systems, and integrating with third-party platforms and data sources.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private