Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has announced it has completed its acquisition of the North American Customer Communications (NACC) business of DST Systems, Inc. (NSYE: DST) for $410 million in cash, subject to post-closing adjustments.
The NACC business will be renamed Broadridge Customer Communications and integrated into Broadridge’s Investor Communication Solutions segment.
The combination creates North America’s premier customer communications technology platform for print and digital, further enhancing Broadridge’s position as a leading provider of multi-channel communications.