And in June, alternative asset-related financial database platform provider Preqin was pocketed by investment management services provider BlackRock for $3.2B at 13.5 times revenue multiple. The acquisition will bolster BlackRock's data capabilities as it expands into private-market investments.

In April, Nuvei, transaction processing services & SaaS developer, was snapped up by Advent International for $4.7B at 5.3 times revenue multiple. The acquisition gives the opportunity to support Nuvei as it continues to scale from its base in Canada as a global player in the space.

And finally, in May, financial instrument distribution services Simplicity, purchased online sales digital life insurance policies provider Plum Life to create a life insurance sales platform that allows agents to manage the entire sales process.

In April, a customer-centric insurance technology platform provider HUGHUB was acquired by developer of configurable insurance software for insurance brokers Open International, strengthening its digital product portfolio. 

AI-powered enterprise decision analytics provider, Copperleaf Technologies, was picked up by ERP SaaS provider IFS for $731.4M at 10.3 times revenue multiple in June. 

At the beginning of the quarter, institutional trading and investment risk management portal Institutional Cash Distributors was acquired by Tradeweb Markets for $785M. With the acquisition, Tradeweb will add a new and fast-growing client channel serving corporate treasury professionals, complementing Tradeweb's existing focus on institutional, wholesale, and retail clients.