Stockholm-headquartered Nordic Capital has agreed to acquire BMLL – an independent provider of harmonised historical order book data and analytics – in a deal that marks a major step forward for the Cambridge-founded company.

The deal, made in close partnership with BMLL’s management team and minority shareholder Optiver, is set to accelerate the firm’s next phase of growth.

It will also aim to strengthen the company’s mission to provide the market’s most trusted source of high-quality, analytics-ready data across major exchange-traded asset classes.

Founded in 2014 by Cambridge academics, BMLL delivers granular Level 1, 2 and 3 order book data and analytics covering global equities, ETFs, futures and US options.