BCLP advises BGC Group with the sale of Rates Compression business Capitalab

BCLP advised BGC Group, Inc. with the sale of Capitalab business, a leader in Rates Portfolio Compression and Margin Optimization, to Capitolis UK Limited.

BGC is a leading global marketplace, data, and financial technology services company for a range of products, including fixed income, foreign exchange, energy, and now the FMX Futures Exchange. BGC’s clients include the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.

Capitolis UK Limited is a subsidiary of Capitolis, a financial technology company that unlocks capital constraints, enabling greater access to more diversified capital and investment opportunities. This sale will allow Capitolis to expand its solutions and drive innovation to meet emerging client needs.

The deal was led by Partner Andrew Hart and consisted of Associates Florence Ha and Yaniv Grunberg (Corporate Transactions, London); Partners Marcus Pearl and Geraldine Scali, Senior Knowledge Lawyer Anna Blest, Senior Associate Guy Swillingham, and Associates Sasha Rubinstein, Eleanor Powell and Olivia Wint (Technology, Commercial and Government Affairs, London); Partners Kyle O’Sullivan and Andy West, Associate Allegra Benitah (Tax Advice and Controversy, London); Associate Director James Anderson (Employment and Labour, London); Associate Andrea Rastelli (Technology, Commercial and Government Affairs, Boulder); Partner Andrew Hockley (White Collar, Antitrust and International Trade, Sydney); Associate Thomas Wright (White Collar, Antitrust and International Trade, Brussels); and Trainee Sarah Platts (Corporate Transactions, London).

Capitolis was advised by Goodwin Procter LLP.