Numerix Announces Acquisition by Genstar Capital

Numerix, the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management, announced recently its acquisition by Genstar Capital, a leading private equity firm.

Established in 1996, Numerix currently has more than 19 offices, 225 clients and 90 partners across over 26 countries. 

"We are excited to begin the next phase of our future growth with our new partners at Genstar Capital. For over 20 years, we have worked tirelessly to provide the most sophisticated analytic and technology solutions available to capital market participants across the globe," said Steven O'Hanlon, Chief Executive Officer, and President of Numerix. "We've always had a clear vision for the organization. Together with Genstar and their long track record in the financial services and software industries, we look forward to expanding our footprint across the entire value chain in the front-to-risk market providing even greater value to our customers."

"Numerix has built a premier reputation as an innovative company with leading analytics and workflow solutions in the front-to-risk market. Our partnership with Steven and the Numerix management team will supplement their strong organic growth with strategic acquisitions that expand the company's significant value proposition," Tony Salewski, Managing Director of Genstar, stated.