Broadridge to acquire Acolin, expanding fund distribution services

LONDON/NEW YORK - Broadridge Financial Solutions, Inc. (NYSE:BR), a $28 billion market cap financial technology leader with annual revenues exceeding $6.7 billion, has agreed to acquire Acolin, a European provider of cross-border fund distribution and regulatory services, according to a press release statement issued Thursday. InvestingPro data shows the company maintains strong financial health with consistent growth metrics.

The acquisition aims to create a pan-European fund distribution network that will provide asset managers with broader access to investors and distribution partners. Acolin, based in Zurich, serves over 350 clients and provides access to more than 3,000 distributors across 30+ countries. This expansion aligns with Broadridge’s impressive track record, including 18 consecutive years of dividend increases and maintaining a 5.7% revenue growth rate over the last twelve months.

"Acolin’s fund distribution technology and compliance capabilities complement Broadridge’s distribution data, intelligence and regulatory communication solutions," said Michael Tae, Broadridge’s Group President of Funds, Issuer, and Data-driven Solutions.

The deal will extend Broadridge’s services in Europe and expand its regulatory fund communications services to include additional compliance operations. Acolin currently supports fund registrations, legal representation, and ongoing compliance across Europe.

Theo Splinter, CEO of Acolin, described the companies as "a natural fit," noting that the combination will create an end-to-end solution for fund distribution strategy.

Broadridge’s European fund business currently serves nearly 500 asset managers and tracks $110 trillion of assets under management.

The transaction is expected to close in the first half of Broadridge’s 2026 fiscal year, subject to regulatory approvals and customary closing conditions. The company stated the acquisition is not expected to have a material impact on its financial results. Based on InvestingPro’s Fair Value analysis, Broadridge currently appears fairly valued in the market. For deeper insights into Broadridge’s valuation and growth prospects, including 10+ additional ProTips and comprehensive financial metrics, investors can access the full Pro Research Report on InvestingPro.

In other recent news, Broadridge Financial Solutions reported its third-quarter 2025 earnings, with adjusted earnings per share (EPS) at $2.44, slightly surpassing the anticipated $2.41. However, the company’s revenue of $1.81 billion did not meet the forecasted $1.85 billion. RBC Capital Markets maintained an Outperform rating for Broadridge, with a price target of $259, citing the company’s robust financial flexibility and successful launch of a new Wealth Management platform in fiscal 2023. RBC anticipates consistent financial outcomes for Broadridge in fiscal years 2025 and 2026, relatively unaffected by macroeconomic fluctuations. Needham initiated coverage on Broadridge with a Buy rating and a $300 price target, highlighting the company’s comprehensive product suite and consistent margin expansion. The firm’s capital allocation strategy, which balances mergers and acquisitions with dividends and stock buybacks, is considered shareholder-friendly. These developments reflect a positive outlook from analysts despite the mixed earnings results.

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