OANDA Announces Acquisition of Polish Brokerage TMS


The acquisition of TMS gives OANDA a significant presence in a key European market and a base to grow across the Baltic countries.

September 1, 2020 | AtoZ MarketsCanada based Retail FX brokerage firm OANDA Global Corporation, Tuesday announced that it has entered into an agreement to acquire 100% of the shares of Polish broker, Dom Maklerski TMS Brokers S.A. The deal is subject to regulatory approval.

Acquisition of TMS gives OANDA a significant presence in the European market

TMS has earned a strong reputation for product innovation and client service since it was first established more than 20 years ago. The Polish Financial Supervision Authority (KNF) regulates TMS, thus giving the firm access to markets in the European Union.

Gavin Bambury, CEO of OANDA, said:

We are delighted with the deal and I’d like to personally welcome all the TMS team to OANDA. Europe remains a key strategic priority for our business. The acquisition of TMS gives OANDA a significant presence in a key European market and a base to grow across the Baltic countries, complementing our already well-established, successful operations throughout Western Europe.”

Marcin Niewiadomski, CEO of TMS, adds:

We are delighted to become a part of such a strong group with a solid capital base and worldwide presence. We believe that through this transaction, TMS will strengthen its position in Poland and the Baltic States, delivering access to new products, modern technology and investment opportunities on the global markets to our current and prospective clients.”

OANDA acquisitions not over yet

Interestingly, OANDA says TMS is the first in a number of strategic acquisitions it is looking to complete over the next two years.

Under Bambury’s leadership, the firm has undergone a transformative change in its operational configuration. OANDA has widened its product offering and increased its marketing investment in order to drive scalable and sustainable growth.

CVC Capital Partners, a leading private equity and investment advisory firm is the owner of OANDA.

Read also: CFTC Fines OANDA $500,000 for Multiple Rule Violations

TMS Brokers is the oldest multi-asset broker in Poland. Since 1997, TMS provides service to thousands of Polish and European customers offering to trade FX, CFDs, and cryptocurrencies. The firm also offers single stocks, commodities with MT4/MT5 platforms as well as an innovative proprietary mobile app. Additionally, TMS’ multiple award-winning team helps individuals and companies with all currency and equities related services. This, however, includes advisory and analysis, money exchange and licensed digital payment solutions (PSD).

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