Deals Of The Day: The Latest In Wealth Management M&A – AnaCap, FJMF, Luxembourg, TISE, Miami

Editorial Staff

24 June 2025

AnaCap, FJMF, Luxembourg
Private equity house intends to buy The International Stock Exchange Group Limited (TISE) in Guernsey in a cash offer of about £70.4 million ($91.5 million).

The transaction, announced earlier in March, is being made via MIH’s wholly owned subsidiary, MIH East Holdings Ltd. MIH intends to acquire the entire issue and to be issued ordinary share capital of TISE that it doesn’t already possess.

The purchase price represents about £66.4 million, net of proceeds received from the expected exercise of options subsisting under the TISE Share Plans.

MIH East Holdings already owned 29.46 per cent of the issued ordinary share capital in TISE.

TISE provides financial markets and securities services to public and private companies (see this publication’s 2024 interview with the group here).

At the end of 2024, TISE reported having more than 4,400 securities on its Official List with a total market value of more than £750 billion.

TISE’s board unanimously backed the acquisition; it is subject to shareholder approval.