360T Group

Multi-bank, multi-asset trading platform
Invested in
2012
Status

Acquired by Deutsche Börse 2015

Location
Frankfurt, Germany
Sector
Technology
Sector
Growth Products & Services

"As an entrepreneur and founder, I selected Summit Partners to help expand our global footprint and support the continued growth of 360T. We benefited significantly from Summit’s global reach and deep experience in the financial technology sector."

Carlo Kölzer
Founder and CEO
|
360T Group
2x

Doubled global customer base to more than 1500+ in under 3 years

€725M

Acquired by Deutsche Börse AG

2x

Doubled global customer base to more than 1500+ in under 3 years

€725M

Acquired by Deutsche Börse AG

Entrepreneur Carlo Kölzer founded 360T in 2000 and grew the business from a regional technology start-up into a leading global multi-bank trading platform designed to enable clients to trade with greater transparency and enhanced control. By 2012, Frankfurt-based 360T was highly profitable and growing, with more than 100 global and regional market makers connecting to its trading platform. Kölzer saw additional opportunities for growth and chose Summit Partners to support the company’s expansion strategy, particularly as it sought to strengthen its presence in the United States.

How Summit Partners Helped

  • Led a majority investment in 2012
  • Worked with management to further establish the company’s position as a leading, globally-established trading platform
  • Supported product innovation efforts to expand into the asset management market
  • Helped the company to strengthen and expand its international presence, most notably by assisting in recruiting a new U.S. leadership team and building the sales team
  • Worked closely with management to recruit a new CFO

Over the next several years, 360T continued to build and innovate its trading platform, earning numerous industry awards for innovation and transparency. In 2015, 360T was acquired by Frankfurt-based exchange Deutsche Börse AG for €725 million. As the core of Deutsche Börse’s FX strategy, 360T today operates as an independent subsidiary led by Kölzer and continues its strong global growth on a new scale.

The Portfolio Company Executive quoted herein did not receive compensation for any statements regarding Summit Partners. However, since 360T Group is a former portfolio company of Summit, this individual did receive general compensation in connection with his employment by the company. In addition, this individual is not an investor in a Summit fund but may have conflicts arising from his past role with 360T Group due to the company’s relationship with Summit.

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