StoneX to Acquire The Benchmark Company, Adding Capabilities in Investment Banking
11 Marzo 2025 - 1:00PM
StoneX Group Inc. (the “Company”; NASDAQ: SNEX) has signed an
agreement to acquire The Benchmark Company, LLC (“Benchmark”). This
strategic acquisition will strengthen StoneX’s offerings in equity
and debt capital markets, with significant enhancements in equity
research and investment banking.
The Benchmark Company is a full-service investment banking firm
offering a robust sales and trading platform, award-winning equity
research, and a highly experienced investment banking team.
Headquartered in New York City and operating nationwide, Benchmark
has been delivering exceptional client service, market access, and
deep market and industry expertise for over 35 years. Richard
Messina, Founder and CEO of Benchmark, will continue in his role,
leading the division within StoneX.
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.”
Richard Messina, Founder and CEO of Benchmark,
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, stated:“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.”
Completion of the transaction is subject to regulatory approval
and customary closing conditions.
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global
financial services network that connects companies, organizations,
traders and investors to the global market ecosystem through a
unique blend of digital platforms, end-to-end clearing and
execution services, high touch service and deep expertise. The
Company strives to be the one trusted partner to its clients,
providing its network, product and services to allow them to pursue
trading opportunities, manage their market risks, make investments
and improve their business performance. A Fortune 100 company
headquartered in New York City and listed on the Nasdaq Global
Select Market (NASDAQ:SNEX), StoneX Group Inc. and its more than
4,400 employees serve more than 54,000 commercial, institutional,
and payments clients, and more than 400,000 retail accounts, from
more than 70 offices spread across six continents. Further
information on the Company is available at www.stonex.com.
About The Benchmark Company
Founded in 1988 and headquartered in New York City, The
Benchmark Company, LLC, is an institutionally focused firm
specializing in research, sales and trading, and investment banking
services. With operations across the United States, Benchmark is
dedicated to promoting client success by delivering superior
service, market access, and in-depth industry expertise. Further
information on the Company is available at
www.benchmarkcompany.com.
Inquiries please contact:
Jacob Rappaport at jake.rappaport@stonex.com
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