MIH Secures $40M Investment from Warburg Pincus to Fuel Global Expansion
Miami International Holdings (MIH) has bolstered its growth strategy with a $40 million investment from Warburg Pincus, marking a significant step in its acquisition of The International Stock Exchange (TISE). The deal enhances MIH's European foothold in high-yield bond and structured finance markets.
Warburg Pincus demonstrates continued confidence in MIH's vision, following an earlier $100 million commitment for initiatives like the MIAX Sapphire options exchange and Miami trading floor expansion. 'This validates our international growth playbook,' said MIH CEO Thomas Gallagher, emphasizing cross-border synergies with US members.