Co-founders Peter Maragos and David Karat, in conjunction with private equity firm Flexpoint Ford, plan a management buy-out of options execution and technology provider DASH Financial Technologies, which is owned…
Co-founders Peter Maragos and David Karat, in conjunction with private equity firm Flexpoint Ford, plan a management buy-out of options execution and technology provider DASH Financial Technologies, which is owned by private equity firm GTCR. markets Media’s Rob Daly spoke with DASH CEO Peter Maragos for more.
The buy-out is about partnering with a financial sponsor who shares the firm’s passion for the business and has a similarly long-term time horizon, according to Maragos.
“This will allow us to pursue both organic and inorganic growth strategy,” he said. “That could include expanding into new product areas, asset classes, and geographies, as well as potentially pursuing adjacent acquisitions, similar to the highly successful LiquidPoint merger we did last year.”
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