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Broadridge Financial Solutions, Inc. (NYSE: BR) has acquired Signal, a UK-based customer communications specialist serving financial services and social sector firms.
Broadridge said the deal will strengthen its digital-first communications offering and extend its reach in the UK and Europe, adding to its existing capabilities in financial communications and regulatory services.
"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."
— Mike Sleightholme, President of Broadridge International
Signal provides design, technology and consulting services to support omni-channel communications, helping firms transition from print to digital while enhancing customer engagement. Its services include shared-service support for in-house teams as well as fully outsourced print production.
"Growing expectations from both customers and regulators are driving the need to modernise and digitise 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."
— Barney Hosey, Chief Executive Officer of Signal
Broadridge processes billions of regulated communications annually for financial institutions and other industries. The firm said the acquisition will further enhance its ability to support clients as regulatory demands evolve, offering personalised and secure digital and print communication solutions.
The transaction is not expected to have a material impact on Broadridge’s financial results.
Signal Agency Limited works with banks, insurers and social sector firms in the UK. Its platform combines advisory and consulting services with proprietary technology for omni-channel communication management.
