Mergers and Acquisitions

Bayshore Capital in Broadridge’s USD$300 million acquisition of RPM Technologies

Bayshore Capital
Key Contact
Rosalind Hunter

Partner, Corporate, Toronto

Team
Douglas Marshall

Partner, Corporate, Toronto

Amanda Heale

Partner, Tax, Toronto

Taylor Cao

Associate, Tax, Toronto

On May 21, 2019, Broadridge Financial Solutions Inc. announced its USD$300 million acquisition of RPM Technologies, a Toronto-based provider of enterprise wealth management software solutions and services. This acquisition will enhance Broadridge’s wealth management product offering in Canada and supports their long-term strategy of building a strong North American Wealth business. The sellers include Bayshore Capital Inc., a Canadian real estate, financial services and technology private equity firm.

Broadridge Financial Solutions Inc. is a $4 billion global Fintech leader and a part of the S&P 500® Index that provides investor communications and technology-driven solutions to banks, broker-dealers, asset managers and corporate issuers globally.

RPM is a Canadian-based company that provides state-of-the-art, enterprise-class wealth management software solutions to leading Canadian banks and wealth management firms.

Osler advised Bayshore Capital Inc. with a team consisting of Rosalind Hunter, Doug Marshall and Lisa Pincus (Corporate) and Amanda Heale and Taylor Cao (Tax).

Value
USD$300 million
Date Closed
May 21, 2019
Lead Office
Toronto
Key Contact
Rosalind Hunter

Partner, Corporate, Toronto

Team
Douglas Marshall

Partner, Corporate, Toronto

Amanda Heale

Partner, Tax, Toronto

Taylor Cao

Associate, Tax, Toronto