← Back to News

New York  – February 8, 2021

DASH Financial Technologies Announces Agreement to be Acquired by ION Investment Group


DASH Financial Technologies (“DASH”), the leading options technology and execution provider in the U.S., today announced that ION Investment Group (“ION”) has entered into a definitive agreement to acquire the company from Flexpoint Ford, LLC (“Flexpoint Ford”).

“This is a very exciting moment for our firm as we embark on the next chapter of growth. Under ION’s ownership, we will continue to invest in product innovation that drives value for our clients while also benefiting from ION’s global reach and established network of relationships,” said co-founder Peter Maragos, who will continue to serve as CEO of DASH. “We are incredibly grateful for the contributions and support we received from Flexpoint Ford and are thrilled about what this new partnership allows us to do for our clients.”

Andrea Pignataro, ION’s CEO said: “DASH’s solutions optimize and improve execution quality and transparency for both the buy-side and sell-side. DASH was built on the ethos of great technology, deep domain expertise and strong customer service. DASH’s team is additive to the DNA of our ION Markets division, particularly with their domain expertise in options and customer-centric approach.”

Steve Begleiter and Daniel Edelman, both Managing Directors at Flexpoint Ford, said: “DASH has built the leading technology and execution platform in the options space. We very much enjoyed working with them; they did a tremendous job of executing on both organic growth initiatives as well as accelerating growth through acquisition efforts.”

Jefferies served as financial advisor to DASH and Kirkland & Ellis LLP served as legal counsel to Flexpoint Ford and DASH.

The transaction is subject to customary regulatory approvals.

About DASH Financial Technologies

DASH Financial Technologies is the leading U.S. options technology and execution provider, offering fully customizable routing and order management solutions to financial institutions as well as complete order routing transparency featuring real-time visualization through the award-winning DASH360 platform. For more information, please visit www.DASHfinancial.com.

About ION Investment Group

ION provides trading and workflow automation software solutions to financial institutions, central banks, governments and corporations. For more information, please visit www.iongroup.com.