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Announced

Broadridge to acquire RPM Technology for £236m.

Financials

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Transaction Value£236m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Private

software

Canada

Pending

Natural

Acquisition

Single Bidder

Private Equity

Synopsis

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Broadridge, a global Fintech leader and part of the S&P 500® Index, to acquire RPM Technology, a leading provider of Canadian Wealth Management Technology for £236m. RPM is a Canadian-based company that provides state-of-the-art, enterprise-class wealth management software solutions to leading Canadian banks and wealth management firms. RPM’s mission critical solutions create a holistic, customer-centric platform for multiple investment accounts and products across multiple distribution and manufacturing platforms. “The addition of RPM Technologies broadens and deepens our wealth management product offering in Canada. We are very pleased to add RPM’s state-of-the-art platforms and blue-chip client roster. This investment underscores our commitment to bring value-added technology solutions to the industry, and it supports our longer-term strategy of building a strong North American Wealth business.” ,” said Tom Carey Broadridge President of Global Technology and Operations.

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