S&C Advises Axioma in its $850 million Acquisition by Deutsche Börse

April 24, 2019

Axioma, Inc., a global provider of portfolio and risk management software solutions, agreed to be acquired by Deutsche Börse for $850 million on April 9. Axioma will be combined with Deutsche Börse's STOXX and DAX index businesses to create a new company valued at approximately €2.6 billion. The combined company will offer a broad suite of index and analytics products with global coverage and will be led by the current chief executive officer of Axioma.

The transaction, which strengthens an existing partnership between Axioma and Deutsche Börse dating back to 2011, uniquely positions the company to help clients capitalize on trends reshaping the investment-management landscape.

S&C is advising Axioma, led by financial services and M&A partner Andrew Gerlach, along with Carsten Berrar in Frankfurt. Andrew Mason is advising on tax matters, while Matthew Friestedt and Rebecca Coccaro are advising on executive compensation and benefits matters. Mehdi Ansari is advising on intellectual property matters, with Joe Matelis, Michael Rosenthal and Eric Queen advising on competition matters. Chris Mann and Eric Kadel provided advice on CFIUS matters.