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).