Global private equity firm Vitruvian Partners has acquired the Belfast-headquartered Options Technology.
The fast-growing company, headed by the tech entrepreneur Danny Moore, employs more than 600 people worldwide, including around 200 in Belfast.
Its growing office network includes London, New York and Hong Kong.
Originally founded 30 years ago, Options Technology provides cloud-enabled managed services to the global financial sector.
The company, which had been backed in recent years by Abry Partners, last year announced plans to create 200 jobs in Belfast over a three-year period.
Options said the backing of Vitruvian Partners will involve “significant investment”.
Based in London, Vitruvian is known for backing high-growth companies.
The Belfast tech firm said the deal marks the next phase of its growth with the fresh investment providing it with the financial resources and expertise to accelerate growth in key areas such as high-performance networking, cloud, security, AI, and market data services.
“We’re thankful for the significant support from Abry Partners, which has driven our remarkable growth in recent years,” said CEO Danny Moore.
“Now, with Vitruvian Partners, we’re excited to take the next step in our journey.
“Their expertise and shared vision will help us build on this foundation and continue delivering exceptional technology solutions for our clients worldwide.”
Mr Moore previously led Belfast-based trading technology firm Wombat Financial Software, which was acquired in 2008 by NYSE Euronext for $200 million (£145m).
Under the ownership of Abry Partners, Options Technology underwent a significant period of growth, acquiring companies including Fixnetix and Activ Financial.
In the past two months, the company opened new offices in Toronto, Dubai and most recently, Sydney, joining the growing network that includes Paris, Chicago, Singapore, Tokyo and Auckland.
Tomer Yosef-Or, partner at Vitruvian said Options has a proven track record of growth and innovation in the capital markets sector.
“With our financial backing and strategic guidance, we look forward to helping Options further solidify its position as a global leader in financial technology and continue delivering innovative solutions to its customers.”
