StoneX Group Inc. (NASDAQ:SNEX), a global financial services firm, today announced the successful completion of its acquisition of The Benchmark Company, LLC, a provider of investment banking, equity research, and institutional sales and trading services.
The transaction, originally announced on March 11, 2025, adds a complementary suite of capabilities to StoneX’s existing offerings, enhancing its capital markets offering and establishing a deeper presence in Investment Banking and Equity Research.
“We’re excited to officially welcome Benchmark to the StoneX global network,” said Jacob Rappaport, Global Head of Equities at StoneX. “This acquisition represents a strategic step in broadening our capital markets capabilities. With Benchmark’s deep sector expertise and client relationships, we are well-positioned to deliver differentiated value to corporate and institutional clients globally.”
Benchmark’s team and operations will become part of StoneX’s Institutional division, with the Benchmark brand maintained in the near term to ensure continuity for clients and counterparties.
“Joining StoneX gives us the ability to scale our reach, leverage a global cross-asset product platform, and deepen the resources we can offer our clients,” said Richard Messina, Founder and CEO of Benchmark. “The cultural alignment and entrepreneurial mindset were key drivers for us, and we look forward to accelerating growth together.”
“Our combined vision is one of global growth and expansion,” said Anthony Di Ciollo, President of StoneX Financial Inc. “Benchmark clients will benefit from expanded resources and distribution, while existing StoneX clients gain access to greater insights and capabilities across capital markets.”
