SpiderRock Technology Solutions, LLC

Chicago, Illinois

Classification

Private

About

About

SpiderRock Technology Solutions, LLC is a privately held provider of institutional-scale trading and risk management technology for global derivatives markets. Operating through its subsidiary entities, SpiderRock Platform Services, SpiderRock EXS, and SpiderRock Gateway Technologies, the firm delivers cloud-native solutions for algorithmic execution, broker-dealer services, and advanced market data & analytics to institutional clients. Product Breakdown: SpiderRock offers three core lines of service, each addressing a different market need: Trading & Risk Platform (SpiderRock Platform Services): a scalable, multitenant, low-latency platform designed to execute and manage high-frequency strategies across equities, options, and futures. It includes a full suite of functionality, from execution and risk management to compliance tools, built for systematic and discretionary trading firms. Electronic Broker-Dealer & ATS (SpiderRock EXS): through its FINRA-registered broker-dealer subsidiary, SpiderRock provides access to an institutional options Alternative Trading System, SpiderRock ATS. This offers both flash and block auction capabilities via the SpiderRock Connect interface and is designed to enhance transparency and liquidity for large orders. Market Data & Analytics (SpiderRock Gateway Technologies): delivers live and historical derivatives data, including volatility surfaces and pricing tools, via cloud APIs. This service targets quant researchers, risk managers, and algorithmic trading teams requiring accurate, low-latency data for research and backtesting.

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