StoneX to Acquire The Benchmark

StoneX to Acquire the Benchmark Company, Expanding Markets

StoneX Group has agreed to acquire The Benchmark Company, LLC, a strategic move designed to enhance StoneX’s capabilities in equity and debt capital markets. The acquisition will significantly improve StoneX’s equity research and investment banking offerings, strengthening its market position.

The Benchmark Company is a full-service investment banking firm based in New York City, with over 35 years of experience providing a comprehensive suite of services, including sales and trading, equity research, and investment banking expertise. The firm has built a strong reputation for delivering exceptional client service, market access, and in-depth industry knowledge across the United States.

StoneX to Acquire The Benchmark Company, Expanding Markets

Richard Messina, Founder and CEO of Benchmark, will continue to lead the division under StoneX, bringing his leadership and expertise to the newly expanded organization.

Jacob Rappaport, Global Head of Equities at StoneX, commented, “The acquisition of Benchmark establishes a franchise-level equity research and investment banking platform at StoneX, significantly elevating our equities capabilities. This strategic move strengthens our ability to deliver deep market insights, superior execution, and comprehensive solutions to institutional and commercial clients in global capital markets.”

Moreover, Richard Messina added, “By integrating StoneX’s exceptional capabilities and global reach, we can amplify our legacy platform and drive significant value for our clients. This marks an exciting new chapter of growth for Benchmark, with a shared commitment to accelerating StoneX’s impressive growth trajectory.”

Anthony Di Ciollo, Global Head of Fixed Income at StoneX, also praised the acquisition, stating, “The addition of Benchmark’s research and expertise significantly enhances our expanding debt capital markets offering. This partnership will leverage our extensive global fixed-income distribution network and drive mutual success, delivering even greater value to our clients worldwide.”

The transaction is subject to regulatory approval and customary closing conditions.

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