- CVC Capital Partners sells OANDA Global Corporation to FTMO Group, with the transaction pending regulatory approvals and undisclosed terms.
Private equity firm CVC Capital Partners has agreed to sell OANDA Global Corporation, one of the largest retail FX and CFDs brokers, to FTMO Group, a prop trading firm.
The transaction, which remains subject to regulatory approvals, ended CVC’s ownership of OANDA which it acquired in 2018 for $175 million.
FTMO has recently shifted to a stronger emphasis on retail brokerage services, securing the management of experienced industry specialists to help the company expand.
