Broadridge Financial Solutions, Inc. (NYSE:BR) agreed to acquire Itiviti AB from Nordic Capital for €2.143 billion on March 27, 2021. The transaction is Valued in an all-cash at €2.143 billion. Upon closing, Itiviti will become part of Broadridge's Global Technology and Operations segment and its senior management team, led by Chief Executive Officer Rob Mackay, will remain with Itiviti to drive future growth. Broadridge is financing the acquisition through a new €2.16 billion ($2.55 billion) term credit agreement. Itiviti generated recurring revenues of approximately €210 million, total assets of €932.9 million and shareholders equity of €155.5 million in calendar year 2020. Concurrently with the execution of the Share Purchase Agreement, on March 27, 2021, Broadridge entered into a term credit agreement among Broadridge, as borrower, the Lenders party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent, providing for term loan commitments in an aggregate principal amount of €2.16 billion. The acquisition is subject to customary closing conditions and regulatory approval and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The Share Purchase Agreement has been approved by the board of directors of Broadridge. Transaction is expected to close in the fourth quarter of Fiscal Year 2021. Houlihan Lokey Inc. and J.P. Morgan Securities LLC acted as financial advisors to Broadridge, Paul Lewis of Squire Patton Boggs (US) LLP, Roschier Advokatbyrå Ab, and Roschier Advokatbyrå Ab acted as legal advisor to Broadridge on the acquisition, and Cahill Gordon & Reindel LLP provided legal advice to Broadridge on the financing. Credit Suisse AG, Morgan Stanley AB and PricewaterhouseCoopers AB, Investment Banking Arm acted as joint financial advisors to Nordic Capital. Ross Allardice, Mark Evans, Evgenia Korotkova, Thibault Meiers, Michael Okkonen, Alasdair Austin and Harriet Geddis of Dechert LLP acted as legal advisor to Nordic Capital. Broadridge Financial Solutions, Inc. (NYSE:BR) completed the acquisition of Itiviti AB from Nordic Capital on May 12, 2021. The total purchase price was paid in a combination of currencies approximately equivalent to $2.6 billion in cash.