M&A Deal Summary

Broadridge Acquires DST Systems - North American Customer Communications Business

On June 14, 2016, Broadridge acquired communications company DST Systems - North American Customer Communications Business from DST Systems for 410M USD

Acquisition Highlights
  • This is Broadridge’s 1st transaction in the Communications sector.
  • This is Broadridge’s 2nd largest (disclosed) transaction.
  • This is Broadridge’s 15th transaction in the United States.
  • This is Broadridge’s 1st transaction in Missouri.

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

Target

DST Systems - North American Customer Communications Business

Kansas City, Missouri, United States
DST Systems, Inc. - North American Customer Communications Business is provider of customer communication services including print and digital communication solutions, content management, postal optimization and fulfillment.

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Buyer(S) 1

Buyer

Broadridge

Lake Success, New York, United States
Category Company
Founded 1962
Sector Information Technology
Employees14,000
Revenue 6.1B USD (2023)
DESCRIPTION

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
PREVIOUS DEAL
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 -
FOLLOWING DEAL
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 -

Seller(S) 1

SELLER

DST Systems

Kansas City, Missouri, United States
Category Company
Founded 1968
Sector Information Technology
Employees12,925
Revenue 1.6B USD (2016)
DESCRIPTION
DST Systems' corporate headquarters in downtown Kansas City, Missouri.
DST Systems' corporate headquarters in downtown Kansas City, Missouri.

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
PREVIOUS DEAL
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
FOLLOWING DEAL
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 -
Mergr

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