Apex Fintech Solutions Acquires Pdq Enterprises, Parent Company Of Auction-Based Ats Operator Coda Markets

Jan 06, 2022•over 3 years ago

Acquiring Company

Apex Fintech Solutions

Acquired Company

PDQ Enterprises

DallasSustainabilityPlatformsSoftware

Description

Apex Fintech Solutions (Apex), the “fintech for fintechs” powering innovation and the future of digital wealth management, announced today that it has acquired PDQ Enterprises (PDQ), the parent company of CODA Markets, Inc. (CODA), operator of an innovative auction-based alternative trading system (“ATS”) and smart order router that aims to optimize liquidity aggregation for all market participants.

Company Information

Company

Apex Fintech Solutions

Location

Dallas, Texas, United States

About

Apex Fintech Solutions is a fintech powerhouse enabling seamless access, frictionless investing, and investor education for all. Apex’s suite of scalable solutions fuel innovation and evolution for hundreds of today’s market leaders, challengers, change makers, and visionaries. The Company’s digital ecosystem creates an environment where clients with big ideas are empowered to change the world. Apex works to ensure its partners succeed on the frontlines of the industry via bespoke custody & clearing, advisory, institutional, digital assets, and SaaS solutions through its Apex Clearing™, Apex Advisor Solutions™, Apex CODA Markets™, and Apex Silver™ brands.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

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