Numerix acquired by Genstar Capital

Founded in 1996, Numerix has over 19 offices, 225 clients and 90 partners across more than 26 countries. Numerix is recognized across the industry for its many breakthroughs in quantitative research. Numerix is proud of its reputation for being able to price and manage risk for any derivative instrument, in addition to the entire spectrum of fixed-income securities.

“We are excited to begin the next phase of our future growth with our new partners at Genstar Capital. For over 20 years, we have worked tirelessly to provide the most sophisticated analytic and technology solutions available to capital market participants across the globe,” said Steven O’Hanlon, Chief Executive Officer, and President of Numerix. “We’ve always had a clear vision for the organization. Together with Genstar and their long track record in the financial services and software industries, we look forward to expanding our footprint across the entire value chain in the front-to-risk market providing even greater value to our customers.”

Tony Salewski, Managing Director of Genstar, said, “Numerix has built a premier reputation as an innovative company with leading analytics and workflow solutions in the front-to-risk market. Our partnership with Steven and the Numerix management team will supplement their strong organic growth with strategic acquisitions that expand the company’s significant value proposition.”

Scott Niehaus, Director of Genstar, added, “Numerix is capitalizing on several macro tailwinds including the digital transformation of capital markets, continued complex regulatory requirements and substantial market volatility across asset classes and geographies. We are excited about the partnership with the Numerix management team as they help new and existing customers navigate these challenges.”