Deal Snapshot
BROADRIDGE CLOSES USD 300M ACQUISITION OF CANADA-BASED RPM TECHNOLOGIES
Tuesday 11 June 2019

New York, US-based fintech company Broadridge Financial Solutions, Inc. (NYSE: BR) has closed the acquisition of Canada-based RPM Technologies, a provider of enterprise wealth management software solutions and services, for USD 300m, the company said.
The transaction is expected to contribute USD 40m-50m in revenues to Broadridge in fiscal year 2020. Broadridge is purchasing RPM from its current owners which include Bayshore Capital Inc.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 11/06/2019
Target: RPM Technologies
Country: Canada
Deal Size: 300m (USD)
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Broadridge Financial Solutions
Buyer Advisor: RBC Capital Markets
Comment:


Options