Nordic Capital has announced an agreement to acquire BMLL, a leading provider of harmonized historical order book data and analytics, marking the firm’s latest investment in the financial technology space. The deal follows Nordic Capital’s earlier acquisition of UK online broker Hargreaves Lansdown, made in partnership with other private equity investors.

The transaction will be executed in close collaboration with BMLL’s management team and minority shareholder Optiver, reflecting a joint commitment to drive the company’s next phase of growth.

Agreement to Acquire BMLL Accelerates Nordic Capital Growth

Founded in 2014 by Cambridge academics and based in London, BMLL delivers granular Level 1, 2, and 3 order book data across global equities, ETFs, futures, and US options. The firm’s proprietary data engineering process standardizes raw market data from over 120 venues into a single, consistent format, enabling banks, hedge funds, exchanges, and asset managers to access analytics- and AI-ready data seamlessly. Delivered via a cloud-native product suite, BMLL eliminates the need for complex in-house data engineering, accelerating insights and enhancing performance for clients.

Also, Paul Humphrey, CEO of BMLL, said, “The past decade has been about building the industry’s foundational layer of harmonized order book data. Nordic Capital’s investment, alongside Optiver, allows us to expand coverage, extend historical depth, and grow multi-asset class capabilities, giving the market a differentiated alternative to incumbent providers.”

So, the new capital injection will support continued innovation, client delivery, and global expansion. With Nordic Capital’s backing, BMLL aims to strengthen go-to-market capabilities and deepen partnerships with exchanges, technology platforms, and market infrastructure providers. Humphrey confirmed that the existing management team will continue leading the business and remain shareholders, ensuring continuity as the firm enters this next stage of growth.

Nordic Capital, which focuses on Technology & Payments, has a proven track record of driving growth across financial software and data-driven technology, with prior investments including ActiveViam, Duco, Trustly, and Zafin. This acquisition positions BMLL to further set the standard for high-quality, AI-ready historical market data in capital markets worldwide.

Also, stay updated with the Latest Broker News.