A firm specialising in distributing trade ideas and investment recommendations - fields being turned upside down by EU regulations - is under new ownership.

Mergermarket Group, a BC Partners portfolio company, has acquired TIM Group, the London-headquartered firm that delivers trade ideas and investment recommendations through its electronic distribution platform. 

The acquisition extends Mergermarket Group’s reach in the domain of equity technology and analytics, the firm said in a statement this week. 

The subject of a company profile recently by WealthBriefing (see here), TIM Group specialises in the electronic delivery of equity trade ideas and investment recommendations. The firm was founded in 2002.

“The acquisition will deepen our reach into the buy-side and enable us to distribute the rich data sets in Mergermarket Group’s portfolio. As the buy-side increasingly turn to technology to support their investment decisions, we will be in a prime position to support our subscribers, especially those trading systematic and quantitative strategies. TIM is a valued and respected source that can also support our subscribers’ compliance with regulatory change, such as MiFID II,” Hamilton Matthews, chief executive of Mergermarket, said.

Rich Koppel, co-founder and CEO of TIM Group added: “We will complement our trade ideas offerings with data derived from Mergermarket Group’s proprietary offerings. We will continue to facilitate MiFID II-compliance by helping subscribers measure and pay for value delivered.”

Colin Berthoud, founding partner at TIM Group, spoke at this week’s conference on MiFID II regulatory issues, organised by the publisher of this news service. A transcript of the conference will be published in due course. See this link for more details on that event.

One of Mergermarket’s business lines is Wealthmonitor, an organisation tracking wealth-creating events such as initial public offerings and trade sales.