OSTC makes its third acquisition in 6-months with support from Cripps
Cripps has advised OSTC, the pioneering global derivatives trading and education company, on its acquisition of FSTP.
This latest education business acquisition, which is the third OSTC has competed in six-months, will give the company an opportunity to further build its education and knowledge business and EdTech activity across the financial services sector.
FSTP operates in a part of the financial services market which is highly attractive to OSTC, allowing it to broaden its product scope, client base and talent pool, and most importantly drive non-transactional revenue.
Commenting on the acquisition, Lee Hodgkinson, CEO, said: “The acquisition of FSTP is the third in a series of measured and proactive acquisitions designed to strategically grow OSTC’s offering within the EdTech space. We were delighted to once again have an opportunity to work with the team at Cripps on another key transaction. They worked closely with our team, offering strategic guidance to ensure everything ran smoothly”.
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