SenaHill advises Electronifie on sale to portfolio company Trumid

SenaHill’s investment banking team is proud to announce that our client, Electronifie Inc. (“Electronifie”), an all-to-all corporate bond trading platform, has entered into an agreement to be acquired by Trumid Financial LLC (“Trumid”), an all-to-all electronic corporate bond trading and market intelligence platform.

Electronifie is joining forces with Trumid, creating a scale player in the market for trading bonds electronically. The combined entity will have over 350 institutions on the Company’s all-to-all trading network. This transaction marks what we believe is the beginning of consolidation among fixed income venues in the electronic trading sector.