iFOREX acquires Hungarian broker Hamilton
January 2010. Corporate Finance Partners – now ACXIT Capital Partners – acted as the exclusive financial adviser to the shareholders of Hamilton.
The acquisition of Hamilton is an important step in the international expansion of iForex and will strengthen its position as a leading online forex trading platform in the European Union. iFOREX plans to continue its expansion in Europe, Asia and South America.
iFOREX is a dynamically growing provider of online forex trading services for individual retail investors. The company was founded in 1996 by a group of bankers and forex dealers and since the launch of its internet-based trading platform in 2004 has expanded its client base to tens of thousands, generating trading volume to the tune of hundreds of billions annually. At present, iFOREX employs hundreds of staff in offices located in the major financial centres around the world. (www.iforex.com)
About Hamilton Zrt
Hamilton Zrt is a Hungarian broker firm specialised in forex transaction. Hamilton was founded in 1999 and is a member of the Budapest Stock Exchange. Hamilton was one of the strongest growing broker firms in Hungary during 2009.
About ACXIT Capital Partners
ACXIT Capital Partners is a leading international corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1998, we offer our clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, debt and strategic advisory. As an independent, privately owned firm we maintain offices in Frankfurt, Berlin, Munich, Zurich, Vienna and Hong Kong as well as strong alliances in China, India and the USA.
To date, we have completed more than 350 transactions with a total deal/financing volume of approx. EUR 17bn. Our clients are corporations, family-owned businesses, entrepreneurs, financial sponsors and family offices. While our home market is in the German speaking region, most clients are international and transactions cross-border. (www.acxit.com)
ACXIT Capital Holding GmbH
60323 Frankfurt am Main
Dr. Ingmar Ackermann, Managing Partner