has been recapitalized and received a growth equity investment from
Financial advisor to ESP Technologies
ESP recapitalizes and receives a growth equity investment from Bear Stearns, Credit Suisse and Susquehanna
May 17, 2007 (New York, NY) - Freeman & Co. LLC, a leading independent advisor to the financial services industry, announced today that it advised ESP Technologies, the parent company of Electronic Specialist, LLC (ESP), on investments with affiliates of Credit Suisse, Bear Stearns and Susquehanna International Group.
ESP is an institutional brokerage and technology firm providing centralized broker and exchange connectivity, aggregated trade allocation and settlement services, and a suite of high-powered trading applications to the buy-side community over a global transaction network.
“ESP is a leader in using technology to streamline workflow for traders and lower overall costs for the buy-side,” said Gagandeep Sawhney, CFA, Managing Director of Freeman & Co. LLC. “This investment by three leading financial institutions is a very significant validation of the company’s business model.”