Mergers & Acquisitions ·
eToro Group Ltd. announced an agreement on August 11, 2026, to acquire TradeZero, a US-focused online brokerage…
ETOReToro Group Ltd.
eToro Group Ltd. announced an agreement on August 11, 2026, to acquire TradeZero, a US-focused online brokerage serving active traders, to accelerate its expansion in the United States market. The aggregate purchase consideration is up to $231 million, comprising cash and up to 2.5 million newly issued Class A common shares of eToro, subject to customary adjustments. TradeZero generated approximately $80 million in revenue over the last twelve months ended June 30, 2026, with 81% gross margins during Q2 2026. The transaction is expected to be accretive to adjusted EPS in the first year upon completion and is anticipated to close in the first half of 2027, pending regulatory approvals and other customary closing conditions. eToro operates as a global trading and investing platform providing retail investors with tools for stock, crypto, and social copy-trading.