Bravura Solutions Limited (ASX:BVS) agreed to acquire Delta Financial Systems Limited for approximately £23 million on October 12, 2020. transaction will be funded existing cash reserves. Transaction is subject to regulatory approval and is expected to close by the end of October 2020. Transaction is expected to be EPS accretive in fiscal year 2021. Matthew Bodfield of Osborne Clarke LLP acted as legal advisor to Bravura. Peter McLintock of Mills & Reeve LLP acted as legal advisor to Delta Financial Systems Limited in the transaction. Ernst & Young acted as financial advisor and due diligence provider to Bravura Solutions Limited. Bravura Solutions Limited (ASX:BVS) completed the acquisition of Delta Financial Systems Limited on October 30, 2020.