Fundz
Funding, M&A and exec moves matched to your market — guaranteed to pay for itself in a year, or we refund it. See terms for full details.See plans →

TMX Group acquires RAFI Indices from Research Affiliates

PRIVATEAug 18, 2026•about 3 hours ago

Acquiring Company

TMX Group Limited

Acquired Company

RAFI Indices

TorontoFinancial ServicesFinancial ServicesAngel Investment

Description

TMX Group Limited has completed its acquisition of RAFI Indices from Research Affiliates. This acquisition will significantly enhance TMX VettaFi's equity portfolio coverage. RAFI Indices specializes in innovative index solutions that serve a variety of global investment needs. The transaction underscores TMX Group's commitment to expanding its market offerings.

Company Information

Company

TMX Group Limited

Location

100 Adelaide St W

Toronto, Ontario, Canada

About

TMX Group Limited operates in the financial services industry, primarily offering services related to derivatives, equities markets, and global insights. The company focuses on providing transaction-based and subscription-based services. TMX is committed to creating competitive advantages for clients worldwide. Its growth has been driven by increases in derivatives trading and equities markets.

Don't miss TMX Group Limited's next move

Get an email the moment TMX Group Limited makes an acquisition, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Choose your plan to reveal verified contacts

Predictive Intelligence
Strategic

ML-powered predictions for TMX Group Limited's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired RAFI Indices?

RAFI Indices was acquired by TMX Group Limited, based in Toronto. The deal was reported on August 18, 2026. TMX Group Limited operates in the financial services industry, primarily offering services related to derivatives, equities markets, and global insights. TMX Group Limited is privately held and operates in Financial Services.

When did TMX Group Limited acquire RAFI Indices?

TMX Group Limited's acquisition of RAFI Indices was reported on August 18, 2026. TMX Group Limited has completed its acquisition of RAFI Indices from Research Affiliates. This acquisition will significantly enhance TMX VettaFi's equity portfolio coverage. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does RAFI Indices do?

RAFI Indices, LLC is an index company specializing in constructing and licensing indices that focus on fundamental factors driving capital market returns. It is known for its innovative methodologies and deep research in equity investing. It is privately held, operating in Financial Services.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.