Broadridge Acquires Signal to Expand Digital Capabilities in UK and Europe.

Broadridge Financial Solutions has acquired Signal, a UK-based fintech firm specializing in transforming customer communications for financial services and social sector firms. The acquisition expands Broadridge's digital capabilities and market expertise in the UK and Europe, adding to its industry-leading financial communications solutions. The deal will help Broadridge serve its global clients better and extend its footprint in Europe.

Global financial technology leader Broadridge Financial Solutions, Inc. (NYSE: BR) has announced the acquisition of Signal, a UK-based fintech firm specializing in transforming customer communications for financial services and social sector firms. The acquisition is set to enhance Broadridge's digital capabilities and market expertise in the UK and Europe, further solidifying its position as an industry leader in financial communications solutions.

The acquisition of Signal will enable Broadridge to better serve its global clients, particularly those with operations outside North America. Mike Sleightholme, President of Broadridge International, stated, "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" [1].

Signal provides a comprehensive suite of design, technology, and consulting services that support omni-channel communications for financial services and other firms. Its proprietary technology and deep digital expertise help clients shift from legacy print to drive digitization and enhance client engagement. Signal also offers an integrated shared service model to support in-house teams alongside specialist managed services, including fully outsourced print production.

Barney Hosey, CEO of Signal, expressed his excitement about the acquisition, noting, "Growing expectations from both customers and regulators are driving the need to modernize and digitize the customer and investor experience. 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" [1].

Broadridge's communications and customer engagement platform delivers personalized, compelling digital and print experiences to attract, onboard, engage, and retain customers across various industries, including financial services, healthcare, utilities, telecom, and insurance. The acquisition of Signal is expected to have a minimal impact on Broadridge's financial results [1].

References:
[1] https://www.prnewswire.com/news-releases/broadridge-acquires-signal-accelerating-global-digital-communications-expansion-302533403.html