Broadridge Financial Solutions, Inc acquires Signal
- Vespa Capital ›
- Broadridge Financial Solutions Inc Acquires Signal
Vespa Capital portfolio company, DTAG has announced the sale of subsidiary, Signal Agency Ltd, a leader in transforming customer communications for financial services clients, to Broadridge Financial Solutions, Inc (NYSE:BR).
The acquisition of Signal expands Broadridge’s digital capabilities and market expertise in the UK and Europe, adding to the business' industry leading financial communications solutions.
Cheltenham-based Signal provides a full suite of design, technology and consulting services that support omnichannel communications for financial services, insurance and social sectors. Its proprietary technology and deep digital expertise help clients power their shift from legacy print to drive digitization and enhance client engagement. Signal provides an integrated shared service model to support in-house teams alongside specialist managed services, including fully outsourced print production.
Broadridge Financial Solutions, Inc is a $30bn market cap global fintech leader serving nearly every major financial institution in North America and many globally, processing billions of critical communications annually. To meet rising regulated communication and compliance requirements efficiently and securely, Broadridge leverages technology and deep regulatory expertise across global jurisdictions to ensure clients maintain compliance as rules evolve. Broadridge’s communications and customer engagement platform delivers personalized, compelling digital and print experiences to attract, onboard, engage, and retain customers across industries including financial services, healthcare, utilities, telecom, and insurance.
Mike Sleightholme, President of Broadridge International commented, “This is an important step toward globalizing Broadridge’s digital communications solutions to better serve our clients with operations outside North America.
The combination of Signal’s digital-first communications and strong relationships with UK financial services firms along with our proven scale and regulatory domain expertise transforms our ability to serve our global clients and extend our footprint in Europe.”
“Growing expectations from both customers and regulators are driving the need to modernise and digitise the customer and investor experience,” said Barney Hosey, CEO of Signal.
“Broadridge is a trusted and transformative partner to clients who shares our commitment to innovation. Its focus on providing a more holistic global customer communications experience, while delivering greater value to clients means we are very much aligned. The leadership team and I are delighted to be joining Broadridge and enabling the expansion of its global capabilities to serve customers and investors around the world.” Barney, added.