TNS Finalizes Acquisition of BT’s Radianz Business

Core Insights - TNS has completed the acquisition of BT's Radianz market connectivity business, enhancing its global financial services capabilities [2][3] - The integration aims to unify and expand access, reach, and service capabilities for financial institutions worldwide [2][3] - TNS's offerings will complement the ultra-low-latency trading, market data, and hosting capabilities provided by Radianz [3] Company Overview - TNS is based in Reston, Virginia, and has been providing Infrastructure-as-a-Service (IaaS) solutions to the financial, communications, and payments markets [5] - The company supports organizations across more than 60 countries and became a wholly owned subsidiary of Koch Equity Development LLC in 2021 [5] Advisory Roles - Evercore served as the financial adviser to TNS, while Jones Day acted as the legal adviser [6] - Citi was the financial adviser for BT, with Bryan Cave Leighton Paisner serving as the legal adviser [6]