WilmerHale Advises TMX Group on Strategic Investment in VettaFi

WilmerHale Advises TMX Group on Strategic Investment in VettaFi

Client News

TMX Group Limited (TMX Group) announced that it has made a strategic investment in VettaFi Holdings LLC (VettaFi), a US-based, privately owned data, analytics, indexing, digital distribution, and thought leadership company. TMX Group acquired approximately 21% of the common equity of VettaFi for USD $175 million, or approximately CAD $234 million. The transaction also includes a commercial agreement that will accelerate TMX Datalinx’s expansion, adding new comprehensive sets of index and ETF services. The transaction closed January 9, 2023.

The WilmerHale legal team representing TMX Group included Stephanie Evans, Mark Nylen and Matt Engellenner on corporate matters, Jeff Johnson on IP matters, and also included Bill Caporizzo, Amy Doberman, Scott Kilgore and Kirk Nahra.

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