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Slide #20. Broadridge Financial Solutions, Inc. — Emerald Connect
Broadridge Financial Solutions, Inc. (NYSE:BR)
Broadridge Financial Solutions, Inc. (NYSE: BR), the leading technology-driven solutions provider for financial services firms globally, today announced it has acquired Emerald Connect, LLC, a leading provider of websites and related communications solutions for financial advisors, from StoneRiver Group, L.P. for $60 million in cash, excluding adjustments for net working capital acquired.
Broadridge Financial Solutions is a holding company. Through its subsidiaries, Co. provides investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers and corporate issuers. Co. operates two reportable segments: Investor Communication Solutions (ICS) and Global Technology and Operations (GTO). Co. provides the following governance and communications solutions through its ICS business segment: Regulatory Solutions, Data-Driven Fund Solutions, Corporate Issuer Solutions, and Customer Communications Solutions. Co. GTO segment provides business solutions for capital markets and wealth and investment management firms.
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Buy (2.83 out of 4)