Broadway Technology secures $42m for expansion

Long Ridge Equity Partners says Broadway well positioned to take advantage of rapidly evolving capital markets landscape

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Tyler Moeller: "Long Ridge’s capital and strategic support will enable Broadway to accelerate our global expansion"

Broadway Technology, a provider of financial trading solutions, has received a $42 million investment from Long Ridge Equity Partners to expand its product and services offering.

The cash infusion gives the private investment firm a minority stake in the company. Long Ridge’s managing partner, Jim Brown, and partner, Kevin Bhatt, will join Broadway’s board of directors.

“We are excited to partner with Long Ridge as we enter our next phase of growth. We chose Long Ridge as a partner due to thei