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New Deal


Announced

Broadridge Financial Solutions to acquire the Securities Industry Services of Kyndryl.

Synopsis

Broadridge Financial Solutions, a provider of investor communications and technology solutions, agreed to acquire the Securities Industry Services of Kyndryl, an American multinational information technology infrastructure services provider. Financial terms were not disclosed. "The partnership with Kyndryl and the acquisition of the SIS business further underscore Broadridge's long-standing commitment to being a leading technology provider to Canadian financial services firms. The combination of the SIS technology business and Kyndryl managed services with our industry-leading Broadridge Wealth Platform will further accelerate our ability to bring innovation to Canada and meet the increasingly complex needs of Canadian firms," Karin Kirkwood, Broadridge President.

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