Intercontinental Exchange acquisition history

Transformative acquisition that combined ICE with the operator of the New York Stock Exchange and Euronext, creating a premier global exchange group diversified across commodities, credit, equities, FX and interest rates with leading clearing capabilities. Announced December 20, 2012 and completed November 13, 2013. approximately US$8.2 billion (stock and cash, $33.12 per share).

The acquisition combines two leading exchange groups to create a premier global exchange operator diversified across markets including agricultural and energy commodities, credit derivatives, equities and equity derivatives, foreign exchange and interest rates.

Acquired the fixed income pricing, analytics and reference-data provider from Silver Lake and Warburg Pincus to expand ICE's global market data and valuation services franchise. Announced October 26, 2015 and completed December 2015. approximately US$5.2 billion ($3.65 billion cash and $1.55 billion in ICE common stock).

The acquisition is valued at approximately $5.2 billion, including $3.65 billion in cash and $1.55 billion in ICE common stock, and builds on ICE's global market data growth strategy by expanding the markets served, adding technology platforms and increasing new data and valuation services.

Bought the leading cloud-based mortgage origination platform from Thoma Bravo, building on ICE's MERS and Simplifile deals to establish ICE Mortgage Technology as an end-to-end digital mortgage workflow network. Announced August 6, 2020 and completed September 4, 2020. approximately US$11 billion.

We are excited to begin the next important chapter in our journey to digitize the residential mortgage industry.

Acquisition of the mortgage software, data and analytics company, significantly expanding ICE Mortgage Technology across servicing and secondary markets. Amended in March 2023 (with the Empower LOS divestiture to Constellation Software to secure antitrust clearance) and completed September 5, 2023. approximately US$11.7 billion ($75.00 per share under amended terms).

The amended merger agreement terms value Black Knight at $75 per share, or a market value of $11.7 billion.

Acquired the credit default swap execution and processing innovator to scale ICE's OTC credit derivatives clearing and post-trade services amid rising demand for CDS processing. Announced June 3, 2008 and completed in 2008. US$625 million (approximately $565 million in ICE common stock and $60 million in cash).

The transaction consideration will total $625 million comprising approximately $565 million in ICE common stock and $60 million in cash.

All-cash purchase of a provider of risk-management analytics, market data and valuation services to extend ICE's multi-asset-class clearing, data and risk-management capabilities. Announced September 5, 2014 and completed in the fourth quarter of 2014. approximately US$350 million (all cash).

SuperDerivatives is an innovative developer of valuable derivatives data and technology, and will play a key role in extending our financial market clearing and data capabilities.

Acquired the network connecting lenders, settlement agents and county recording offices for electronic mortgage recording, expanding the ICE Mortgage Services portfolio alongside MERS. Announced May 1, 2019 and completed in 2019. US$335 million (cash).

ICE will pay $335 million to acquire Simplifile, which is based in Provo, Utah and has no debt.

Purchase of a fixed income marketplace supporting anonymous multi-protocol trading in municipals, corporates, treasuries and agencies, expanding ICE's fixed income execution and data footprint. Announced May 29, 2018 and completed in the second half of 2018. US$685 million (cash).

TMC Bonds will offer a new and complementary access point to liquidity for our customers and expand our portfolio of diverse solutions in the global fixed income markets across analytics, execution and post-trade.

Acquired an electronic fixed income trading platform (ATS) linking more than 500 financial firms from Virtu Financial, adding centralized liquidity and automated execution to ICE's fixed income business. Announced October 24, 2017 and completed in the first quarter of 2018. US$400 million (cash).

We believe adding BondPoint's capabilities to our data and technology infrastructure will allow us to continue to innovate for our customers as the fixed income markets evolve.

Recommended all-cash acquisition of the operator of the European Climate Exchange and Chicago Climate Exchange, adding environmental and emissions markets to ICE. Announced April 30, 2010 and completed July 2010. Value disclosed in GBP; no USD figure stated in the filing. approximately GBP 395 million (750 pence per share, cash).

Climate Exchange Shareholders will receive 750 pence in cash for each Climate Exchange Share, valuing the entire existing issued and to be issued share capital of Climate Exchange at approximately GBP 395 million.

Acquired a fixed income evaluated-pricing business (SPSE) and an OTC independent data provider (CMA) from McGraw Hill Financial to broaden ICE's data and valuation services. Announced March 1, 2016; purchase price and terms were not disclosed.

Under the terms of the agreement, ICE can elect to satisfy its payment of the purchase price due at the close of the transaction in either cash or shares of ICE's common stock. All other terms of the agreement were not disclosed.

Acquired a majority stake in MERSCORP Holdings (operator of the U.S. national mortgage-of-record registry MERS) in 2016 and purchased the remaining ownership in 2018, forming a cornerstone of ICE's mortgage technology network. Transaction values were not disclosed.

Acquired the National Stock Exchange operator Chicago Stock Exchange to add a listings and cash-equities venue to the NYSE Group. Announced in early 2018 and completed July 2018; financial terms were not disclosed.

Acquired the European OTC energy trade-execution technology platform from BGC Partners/GFI Group. ICE was later required to divest Trayport (swapped back to BGC Partners in 2017 following a UK Competition and Markets Authority order), so it is EXCLUDED from the aggregate deal value. US$650 million (in ICE common stock); subsequently divested in 2017.

Intercontinental Exchange... has entered into a definitive agreement to acquire Trayport for $650 million in ICE common stock.