Hay Tor Capital and KAS BANK’s acquisition of Neonet finalized and new Board of Directors announced

John Ashdown, Alasdair Haynes, Neil Scarth and Mark van Weezenbeek join newly formed Board of Directors of Neonet.
Stockholm, Sweden, February 27, 2013 – Neonet, the independent execution service provider, is very pleased to announce that Hay Tor Capital LLP and KAS BANK N.V’s acquisition of a majority shareholding in Neonet from Nordic Capital has closed following approval from the Swedish Financial Supervisory Authority.

“We have been extremely impressed by the Neonet team’s relentless focus on excellence and customer service and see major potential to broaden the market presence of the business. We believe that the new regulations and structural changes in the financial markets are driving increased demand for the services that a dynamic and focused firm like Neonet provides to its customer base,” says John Ashdown, Managing Partner at Hay Tor Capital LLP.

At a general meeting held on February 8, 2013, the new owners elected the following Board of Directors:

Peter Melbi,...

Neonet

Neonet offers professional market participants flexible, independent and transparent execution services based on advanced trading software solutions. Neonet’s services include a comprehensive execution management system,...

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