Moorcrofts advises on Real Logic sale
Real Logic is the developer of Aeron and Aeron Cluster open source software, which is used by a number of leading financial firms on a global basis.
Adaptive is a specialist global electronic trading consultancy, and the acquisition of Real Logic should enable Adaptive to consolidate Aeron and Adaptive’s development platform, Hydra Platform, thereby boosting Adaptive’s ability to deliver bespoke, low latency trading systems that can manage significant throughput, and accelerate the delivery and build of new trading solutions.
“I am tremendously proud of what we achieved at Real Logic, and the number of financial firms which use our software on a daily basis. Trading technology is at an inflection point. As institutions and trading firms change their approach to technology, Adaptive offers the expertise and scale to service this significant growing demand, and so I think that it will be the right partner for Real Logic’s further growth and innovation. Thanks to the Moorcrofts team for all of their hard work, assistance and advice on the sale process. They were very pro-active and professional, and it was good to have them in my corner.”
Peter Woolley, Moorcrofts corporate partner, commented:
“We were delighted to act for Martin Thompson on the sale of Real Logic. This was an interesting transaction, which kept us busy for much of the festive period. I’m sure that Martin’s global reputation in low latency and high performance systems will enable Adaptive to further develop and enhance its offering. We wish both Martin and Adaptive the best of luck going forward.”
Moorcrofts corporate team regularly acts for buyers, sellers and investors across a broad range of industry sectors. With a wide array of clients, from PLCs and household names to sole traders and partnerships, Moorcrofts has the expertise to advise on all aspects of corporate transactions. For more information about Moorcrofts corporate services, visit our corporate services page or contact a member of the corporate team.