List S.p.A., a Pisa, Italy-based developer of software solutions for the financial industry, received an investment from TA Associates, a global growth private equity firm.
The financial terms of the deal were not disclosed.
Founded in 1985 by Enrico Dameri, Chairman and Chief Executive Officer, List is a provider of mission-critical trading and compliance software solutions and infrastructural services to a wide range of financial institutions. The company’s trading and brokerage platform offering, FastTrade, supports operations in a multi-asset and multi-market environment with modules for pricing, quoting, hedging, position keeping, algorithmic trading and execution management in high and low-touch business environments. List’s capital markets, governance, risk and compliance solutions are used by more than 130 customers ranging from investment banks and asset managers in Italy to large global financial corporations.
The company also has additional offices throughout Italy and around the world, including the United States, United Kingdom, Spain, Poland, Canada, India and Malaysia.
In conjunction with the transaction, Naveen Wadhera and J. Morgan Seigler, Managing Directors at TA Associates, and Stefan Dandl, a Vice President at TA Associates, will join List’s Board of Directors.