StoneX Group has signed an agreement to acquire The Benchmark Company, LLC. This strategic acquisition will strengthen StoneX’s offerings in equity and debt capital markets, with significant enhancements in equity research and investment banking.

The Benchmark Company is a full-service investment banking firm offering a robust sales and trading platform, award-winning equity research, and a highly experienced investment banking team. Headquartered in New York City and operating nationwide, Benchmark has been delivering exceptional client service, market access, and deep market and industry expertise for over 35 years. Richard Messina, Founder and CEO of Benchmark, will continue in his role, leading the division within StoneX.

Jacob Rappaport, Global Head of Equities at StoneX, commented:
“The acquisition of Benchmark establishes a franchise-level equity research and investment banking platform at StoneX, significantly elevating our equities capabilities. This strategic move strengthens our ability to deliver deep market insights, superior execution, and comprehensive solutions to institutional and commercial clients in global capital markets.”

Richard Messina, Founder and CEO of Benchmark, added:
“By integrating StoneX’s exceptional capabilities and global reach, we can amplify our legacy platform and drive significant value for our clients. This marks an exciting new chapter of growth for Benchmark, with a shared commitment to accelerating StoneX’s impressive growth trajectory.”

Anthony Di Ciollo, Global Head of Fixed Income at StoneX, stated:
“The addition of Benchmark’s research and expertise significantly enhances our expanding debt capital markets offering. This partnership will leverage our extensive global fixed income distribution network and drive mutual success, delivering even greater value to our clients worldwide.”

Completion of the transaction is subject to regulatory approval and customary closing conditions.

Source: StoneX Group