Bridgeton Research Group’s sale to Kpler, a Brussels-based trade intelligence firm, closed months ahead of the buyer’s own original timeline — the product of Sequel moving fast enough on a preemptive offer to keep the deal from turning into a drawn-out auction.
Founder Story
From Connecticut to Brussels, On a Compressed Timeline.
Stephen J. Roseme
Managing Member
Before Sequel
Bridgeton Research Group built proprietary models forecasting systematic and algorithmic trading behavior across more than 200 global markets since its founding in 2016 — becoming a reference point other traders and analysts relied on to understand how CTAs and rules-based strategies actually moved futures markets. When Kpler, a global trade intelligence company backed by Five Arrows and Insight Partners, came forward with a preemptive offer, Bridgeton needed an advisor who could move as fast as the opportunity required without giving up leverage in the process.
In It Together
Sequel led negotiations on the viability of Kpler’s preemptive offer, managed a multi-disciplinary due diligence process — product, technology, IP, and tax — across the Atlantic, and advised Bridgeton through a complex warrant and options structure. The deal closed months ahead of Kpler’s own original proposed timeline.
“A special ‘thank you’ to the Sequel team. They have been amazing shepherds throughout this process and I am beyond grateful. Their knowledge and expertise made this entire experience a smooth transition for the Bridgeton team.”
What Came Next
Bridgeton is now part of Kpler’s trade intelligence platform, pairing its systematic trading models with Kpler’s coverage of physical commodity fundamentals — giving Bridgeton’s quantitative research team a global client base overnight.
“Bridgeton’s predictive insights into systematic and algorithmic trading behavior align perfectly with Kpler’s mission of helping clients trade smarter. By joining forces with Kpler, we gain access to a more robust technology and research platform, allowing our quantitative team to apply its expertise to a much broader audience. We are thrilled to be part of the Kpler family and look forward to contributing to industry-leading product innovation.”