Terminus Capital Invests in Eventus
Growth equity firm Terminus Capital Partners has made a majority investment in Eventus, a provider of trade surveillance and financial risk software. The investment is intended to fuel the B2B software company's global growth.
- The investment is intended to boost Eventus's product innovation, with a focus on its recently launched AI-powered tool, Frank AI, which allows compliance officers to conduct surveillance using natural language queries. - Eventus CEO Travis Schwab has a background in compliance and trading technology, having previously served as CEO and Chief Compliance Officer at RGM Securities, a large proprietary trading firm. - The trade surveillance market is projected to grow from over USD 1.7 billion in 2024 to over USD 5.2 billion by 2030, driven by increasing regulatory complexity and the need to monitor diverse asset classes, including digital assets. - Terminus Capital Partners, founded in 2017 by Alex Western, is an Atlanta-based private equity firm specializing in majority investments in B2B software companies. - Alex Western, the founder and Managing Partner of Terminus, has a background in private equity at Audax Group, hedge fund analysis at GMT Capital, and management consulting at McKinsey & Co. - This majority investment will support Eventus in making selective acquisitions to further expand its global footprint and capabilities in a market with key players like NICE Actimize and Nasdaq. - Eventus's core offering is the Validus platform, a multi-asset class trade surveillance and market risk solution used by banks, broker-dealers, and proprietary trading firms.
