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Broadridge NEWS RELEASE Broadridge Extends Capital Markets Franchise with Acquisition of Itiviti 3/29/2021 - Significantly expands Broadridge's Capital Markets franchise by extending into the front office and strengthening multi - asset capabilities - Drives additional global scale and enhances its ability to serve global clients - Expected to generate strong returns and be accretive to recurring revenue growth , margins , and Adjusted EPS growth - Positions Broadridge to deliver at higher end of its three - year financial objectives NEW YORK , March 29 , 2021 / PRNewswire / -- Significantly strengthening its capital markets capabilities and enhancing its position as a global Fintech leader , Broadridge Financial Solutions , Inc. ( NYSE : BR ) , today announced it has signed a definitive agreement to acquire Itiviti Holding AB ( " Itiviti " ) , a leading provider of trading and connectivity technology to the capital markets industry , in an all - cash transaction valued at € 2.143 billion ( approximately $ 2.5 billion ) from Nordic Capital . " The acquisition of Itiviti enhances Broadridge's position as a global Fintech leader , " said Tim Gokey , Broadridge's Chief Executive Officer . " 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 . " The acquisition is also expected to deliver value to our shareholders in the form of stronger recurring revenue growth , higher margins and higher Adjusted EPS . This incremental revenue and earnings growth positions us well to deliver at the higher end of our three - year growth objectives for recurring revenue and Adjusted EPS growth , " Mr. Gokey added . 1