M&A Deal Summary |
|
|---|---|
| Date | 2016-06-14 |
| Target | DST Systems - North American Customer Communications Business |
| Sector | Communications |
| Buyer(s) | Broadridge |
| Sellers(s) | DST Systems |
| Deal Type | Divestiture |
| Deal Value | 410M USD |
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| Category | Company |
|---|---|
| Founded | 1962 |
| Sector | Information Technology |
| Employees | 14,000 |
| Revenue | 6.1B USD (2023) |
Broadridge is a provider of investor communications and technology-driven solutions for wealth management, asset management and capital markets firms. The Company helps clients drive operational excellence to manage risk, accelerate growth and deliver real business value. Broadridge was incorporated in 1962 and is based in Lake Success, New York.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 38 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 3 of 10 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 15 of 29 |
| Year (2016) | 4 of 5 |
| Size (of disclosed) | 2 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-14 |
4sight Financial Software
Edinburgh, United Kingdom 4sight Financial Software Ltd. is an independent software solutions provider. 4sight Financial Software develops and implements software solutions for Securities Finance, Collateral Management, Synthetic Finance, Settlement, and Market Connectivity. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-04 |
M&O Systems
New York, New York, United States M&O Systems, Inc. is a provider of advisor compensation management solutions that help broker-dealers and wealth management firms support advisors and grow their businesses. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Information Technology |
| Employees | 12,925 |
| Revenue | 1.6B USD (2016) |
DST Systems, Inc. is a provider of information processing and servicing solutions to companies around the world. DST delivers strategically unified transactions and business processing, data management, and customer communications solutions to the asset management, brokerage, retirement, and healthcare markets. DST Systems was formed in 1968 and is based in Kansas City, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 3 of 4 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-21 |
Wealth Management Systems
New York, New York, United States Wealth Management Systems, Inc. is a provider of retirement plan rollover technology, content and communications, and practice management solutions to the financial services industry, is connected to recordkeepers servicing over 33 million participants and provides automatic rollover services to over 25,000 plan sponsors. |
Buy | $64M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-04 |
DST Systems - UK Customer Communications Business
United Kingdom DST Systems, Inc. - UK Customer Communications Business is a provider of transactional, regulatory and direct marketing communication. Company provide an enhanced service to clients of both businesses including some of the UK’s best known brands, more than 30% of FTSE 100 companies, financial services firms and government. |
Sell | - |
