Broadridge Financial Solutions has agreed to buy Acolin, a provider of cross-border fund distribution and regulatory services.
The purchase, which is expected to close in the first half of next year, will extend Broadridge’s European services and expand its regulatory fund communications to include extra compliance operations. It will also integrate capabilities to support fund creation and broaden its distribution insights.
Zurich-based Acolin has over 350 customers and access to over 3,000 distributors across over 30 countries.