In addition to the strategic alignment between Nasdaq and Adenza, Adenza’s financial profile is highly attractive and is expected to enhance Nasdaq’s organic revenue growth rate and improve the company’s operating margins as the deal synergies are achieved. Nasdaq expects to realize$80 millionof...
Nasdaq to buy Thoma Bravo-owned software firm Adenza for $10.5 billion Mon, Jun 12th 2023 Squawk Box Nasdaq CEO Adena Friedman on Adenza deal: Brings more capabilities to each of our clients Mon, Jun 12th 2023 Street Signs Asia We’re continuing to see new listings from Southeast Asian mark...
In the second quarter, we made excellent progress in both the integration of Adenza and the accelerated paydown of debt. We actioned over 70% of net expense synergies, six months ahead of schedule. We have also come in ahead of our accelerated deleveraging plans ending the quarter of 3.9 ...
they added 17 new clients and three total cross-sells, which compares to seven new clients and three cross-sells over the same period last year. Additionally, Adenza maintains solid growth in net revenue retention at 97.4