PR85351

LONDON, Sept. 1, 2020/PRNewswire=KYODO JBN/--

OANDA Global Corporation(https://www.oanda.com/ )('OANDA'), a global leader in

online multi-asset trading services, currency data and analytics; has entered

into an Agreement to acquire 100% of the shares of a leading Poland-based

multi-asset class broker, Dom Maklerski TMS Brokers S.A. ('TMS'). The deal is

subject to regulatory approval.

A leading broker in the Polish FX and CFD market, TMS has earned a strong

reputation for product innovation and client service since it was first

established more than 20 years ago. The business is regulated by the Polish

Financial Supervision Authority (KNF), giving TMS access to markets in the

European Union.

Gavin Bambury, CEO of OANDA, said, "We are delighted with the deal and I'd like

to personally welcome all the TMS team to OANDA. Europe remains a key strategic

priority for our business. The acquisition of TMS gives OANDA a significant

presence in a key European market and a base to grow across the Baltic

countries, complementing our already well-established, successful operations

throughout Western Europe."

Marcin Niewiadomski, CEO of TMS, said, "We are delighted to become a part of

such a strong group with a solid capital base and worldwide presence. We

believe that through this transaction, TMS will strengthen its position in

Poland and the Baltic States, delivering access to new products, modern

technology and investment opportunities on the global markets to our current

and prospective clients."

Artur Haze, Managing Partner of ForeVest Capital, said, "During our time

managing TMS, the firm built a solid client base throughout Poland and the

Baltics, while also developing deep-seated technological expertise. As such, I

believe there is a strong strategic fit between TMS and OANDA. I am very

pleased the firm will be able to continue on its current growth path as part of

a leading global brokerage."

TMS is the first in a number of strategic acquisitions OANDA is looking to

complete over the next two years. Under Bambury's leadership, the firm has

undergone a transformative change in its operational configuration, widening

its product offering and increasing its marketing investment in order to drive

scalable, sustainable growth.

About OANDA

Founded in 1996, OANDA was the first company to share exchange rate data free

of charge on the Internet, launching an OANDA FX trading platform that helped

pioneer the development of web-based currency trading five years later. Today,

the firm provides online multi-asset trading, currency data and analytics to

retail and corporate clients, demonstrating an unrivalled expertise in foreign

exchange. With regulated entities in seven of the world's most active financial

markets, OANDA remains dedicated to transforming the business of foreign

exchange. OANDA is owned by CVC Capital Partners, a leading private equity and

investment advisory firm.  For more information, please visit

oanda.com(http://www.oanda.com/ ) or follow us on

Twitter(https://twitter.com/OANDA), Facebook(https://www.facebook.com/OANDAfx )

or YouTube(http://www.youtube.com/user/oanda ).  

About TMS

TMS Brokers is the oldest multi-asset broker in Poland. Since 1997, TMS

provides service to thousands of Polish and European customers offering trading

on FX, CFDs on indices, cryptocurrencies, single stocks and commodities with

MT4/MT5 platforms and an innovative proprietary mobile app. TMS' multiple

award-winning team helps individuals and companies with all currency and

equities related services that include advisory and analysis, money exchange

and licensed digital payment solutions (PSD).

About ForeVest

ForeVest has invested over USD 1.2 billion in investments in CEE and manages

over USD 200 million in other assets in emerging markets. The team has

completed more than 20 transactions and will continue to seek to partner with

entrepreneurs and management teams, specializing in control investments in

promising mid-market companies. ForeVest has offices in Warsaw, Bucharest and

New York.

SOURCE  OANDA