Advisory firm Tactico Inc. has taken a 24% equity stake in Canadian alternative trading system, Omega ATS, the companies said Monday.

The price of the deal was not disclosed.

Tactico, an international advisory firm specializing in the financial services industry, said that it completed the stock purchase on January 24, adding that it intends to invest additional capital “and plans to use the funds to make significant investments in Omega’s technology infrastructure and its service offerings.”

Along with the financing, Tacito also pledged to provide the company with infrastructure support and consulting services.

Omega, an ATS for Canadian exchange-listed equities, boasts 70 subscriber firms. “Omega’s volume has tripled in the past two months and they have significant price and speed advantages over TMX, Alpha, Chi-X and Pure,” stated Eric Stoop, managing director, Tactico.

“Omega has created a perfect storm with its straight-forward pricing, excellent performance and surging growth in liquidity. Coupled with Tactico’s investment and experience, Omega is poised to challenge the larger alternatives by providing an improved trading experience at a much lower cost,” Stoop added.