Investment and Corporate Finance Marketplace ReachX Launches Deal Origination Platform
London, UK, April 7, 2020
ReachX, an investment and corporate finance marketplace looking to transform Investment banking and research in a post-MiFID II environment, is pleased to announce the launch of its new Deal Origination Platform.
The Deal Origination Platform is open for global investment opportunities carrying a deal size of €5 million and upwards, with an objective of digitally connecting issuers to institutional investors in the midcap space (€5 to €250M). All the deals are vetted and curated before being approved on the platform.
The platform is free to corporate financial advisors and issuers and will charge low fees to investors and acquirers. It offers a new approach to fundraising and M&A: cost-efficient and aligning incentives to improve matching for investors. Issuers can find new investors in less than 48 hours. In the first few weeks since its beta roll out, the deal platform has attracted more than €100m worth of transactions.
The new service is being led by Aurelien Mir, Director of Corporate Finance at ReachX. Aurelien joined ReachX last month after working with Houlihan Lokey where he was a Vice President in Investment Banking. He previously worked with Barclays Capital and Rothschild & Co.
Commenting on the launch of the platform, Aurelien Mir said: “The Deal Origination Platform is a substantial step change for sell-side advisors and issuers on the small and mid-cap markets. In a matter of hours, they can access a large, international network of investors for their M&A and fundraising projects thanks to our digital platform that streamlines the whole process. I am delighted to join ReachX in its efforts to become a leading marketplace for private market transactions.”
Rafael S. Lajeunesse, CEO of ReachX, noted: “We believe that the Deal Origination Platform will improve the process of M&A and fundraising in the mid-market space which is a very fragmented ecosystem. Aurelien Mir, who will spearhead the deal platform brings substantial experience in the mid-market space to the ReachX team and we look forward to working with him in this new phase.”
Olivier Beau de Loménie CTO of ReachX, added: “We designed the ReachX Deal Origination Platform from the ground up to facilitate and accelerate the interactions between investors, advisors and issuers so they can easily find and initialise new opportunities in a simple, efficient, compliant and secure way. “
The launch of the deal platform follows 12 months of bolstering ReachX’s digital offering by the start-up’s digital team, hot on the heels of a commercial launch and completion of accreditation with the UK Financial Conduct Authority (Services Register number: 811226) over Q4 2018.
ReachX is working to shake-up traditional financial market research and investment banking services via its technology enabled platform that connects independent industry and finance professionals with corporations and institutional investors to offer bespoke, on-demand services with greater transparency and cost-efficiency.
At present, ReachX professionals include top rated analysts, economists, researchers, corporate finance, capital markets and investor relations specialists, who provide advice and insight without conflict of interest for financial firms and corporations via the company’s digital platform.
The platform was founded in December 2017 by Rafael S. Lajeunesse and Olivier Beau de Loménie. The idea was born out of creating an unbiased research, information and services hub fit for a post-MiFID II investment and operating environment. Rafael is a former Portfolio Manager with J.P.Morgan & Co. and former Management Consultant with McKinsey & Co. in the US and Europe, while Olivier has founded several start-ups within the online retail, data analytics and fintech sectors, including Emolument and FundingXchange.co.uk
For commercial enquiries contact:
Chief Commercial Officer, ReachX
London, UK-headquartered ReachX is a platform offering on-demand investment banking services, from research to advisory, through its curated network of independent advisors. ReachX helps its clients originate and source investment opportunities, validate investment thesis, and create bespoke research and content. Effective September 2018, the company is authorised and regulated by the Financial Conduct Authority (Services Register number is 811226) and is a member of the IR Society. For general enquiries, please email us at: email@example.com
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