LogicScope, a UK provider of systems for electronic trading and market data, has completed a management buy-out, with Dynamic IT Management Services and backed by HSBC Structured Finance.

Under the terms of the deal managing director Nick Dyne and incoming sales director Pat Dolan took control of the ten-year-old company from its majority investors, which included Astroiden Data, a Swedish investment company holding 40% and 3i, the UK-quoted private equity group, which has held 22% for the past 6 years.