Equiniti Group Acquired by Bullish | Financial Services M&A Deal

Bullish has acquired Equiniti Group, a payments processing business in Cayman Islands, for $2.4 billion. Bullish acquisitions bring together a regulated transfer agent and shareholder services platform that supports nearly 3,000 issuer clients and about 20 million shareholders, with roughly $500 billion in annual payments processing. The Equiniti Group acquisition strengthens financial services M&A capabilities by enabling blockchain-enabled tokenized securities infrastructure alongside existing market systems. The platform acquisition is structured as a private equity acquisition by Bullish, valued at $4.2 billion including assumed debt and stock consideration, and is subject to regulatory approvals with a targeted January 2027 close.