Dechert Advises Nordic Capital and the Selling Shareholders in €2.143 Billion Sale of Itiviti to Broadridge Financial Solutions, Inc.

Dechert advised Nordic Capital on the sale of Itiviti, a leading provider of trading technology and services to financial institutions worldwide, to Broadridge Financial Solutions, Inc., a global fintech leader, in a transaction valued at €2.143 billion.

Since assuming majority ownership of Itiviti, Nordic Capital has supported the company by drawing on its experience of building and investing in cutting-edge technology businesses across Europe. During Nordic Capital’s ownership, Itiviti has developed from being a specialist financial software provider to becoming a global leader offering a modern cross-asset capital markets platform with more than 2,000 customers worldwide, over EUR 200 million in revenues and approximately 1,000 employees. Dechert’s core team previously advised Nordic Capital and Itiviti on the acquisition of Ullink, an add-on acquisition to create a full-service technology and infrastructure provider.

The cross-border Dechert team advising Nordic Capital was led by London corporate partner Ross Allardice; partner Mark Evans; senior associate Tony Brown, in addition to national partners Evgenia Korotkova and Thibault Meiers; counsel Michael Okkonen; senior associate Thomas Clarke; associates Heidi Fitchett, Rose Limaye, Jonathan Burke, Madeleine White, Jennifer Hill, Charlotte Torck, Kerenza Kerslake, Gurbir Sandhu and Aryeh Zuber; and trainee solicitors Alasdair Austin and Harriet Geddis.

About Dechert

Dechert is a leading global law firm with 25 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.