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Announced

Completed

Broadridge Financial Solutions completed acquisition of Shadow Financial Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cryptocurrency

Software

Acquisition

Majority

Private

post-trade solutions

United States

software development

Friendly

Single Bidder

Completed

Synopsis

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Broadridge Financial Solutions, a $4bn global Fintech provider, completed the acquisition of Shadow Financial Systems, a provider of multi-asset class post-trade solutions for the capital markets industry. Financial terms were not disclosed. “The acquisition of Shadow Financial Systems is the latest example of Broadridge building upon our industry leading capital markets solutions. We look forward to bringing real benefits to a new set of market participants as well as new capabilities to our existing client base,” Michael Alexander, Broadridge Co-Head of North American Wealth and Capital Markets Solutions.

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