27 Oct 2025

"Simpson Thacher Advises Nordic Capital on Acquisition of BMLL, a Leading Data Analytics Provider"

"Simpson Thacher is advising Nordic Capital on its acquisition of BMLL, a prominent provider of harmonized historical order book data and analytics. BMLL aggregates raw market data from over 120 venues, offering detailed order book data and analytics for various financial instruments in a standardized format for market participants. The Simpson Thacher team involved includes experts from corporate and tax divisions."

Simpson Thacher represented Nordic Capital in its acquisition of BMLL, a prominent independent provider of harmonised historical order book data and analytics. The transaction involves Nordic Capital acquiring BMLL, which sources raw market data from over 120 venues. BMLL utilizes a proprietary engineering process to deliver detailed Level 3, 2, and 1 order book data and analytics across global equities, ETFs, futures, and U.S. options. This data is provided in a standardised, globally consistent format, catering to banks, asset managers, hedge funds, exchanges, and other market participants for various applications including research, trading, analytics, and compliance. The Simpson Thacher team working on this transaction includes James R. Howe, Chris Vallance, James Campisi, Andrew Cho, and Julia Conzen from the Corporate practice; and Caleb McConnell, Chris Dorman, and Daniel Griffiths from the Tax practice.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.