BGC Group unlocks value for shareholders with the sale of Rates Compression business Capitalab

Sale demonstrates BGC's commitment to unlocking value for shareholders BGC sells Capitalab for $46 million in gross proceeds, representing a revenue multiple of approximately 7.5 times NEW YORK, Dec. 3, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or "the Company") today announced the sale of Capitalab, a leader in Rates Portfolio Compression and Margin Optimization, to Capitolis, the technology company helping to create safer and more vibrant capital markets. BGC expects to see continued gro ...