Announced
Completed
Financials
Tags
Single Bidder
Private
Sweden
FinTech
Cross Border
Acquisition
trading technology
Majority
Private Equity
Friendly
Completed
Synopsis
Broadridge Financial Solutions, a public corporate services company, completed the acquisition of Itiviti, a provider of trading and connectivity technology to the capital markets industry, from private equity firm Nordic Capital for $2.5bn. "The acquisition of Itiviti enhances Broadridge's position as a global Fintech leader. By extending our capabilities into the front office and deepening our multi-asset class solutions, Itiviti significantly strengthens our Capital Markets franchise and better enables Broadridge to help financial institutions adapt to a rapidly evolving marketplace. Itiviti's well-developed footprint in APAC and EMEA will increase our scale outside North America and strengthen our ability to serve our global clients," Tim Gokey, Broadridge CEO.
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