Sovereign to exit Acolin

We are delighted to announce our pending exit of Acolin, a leading provider of regulatory and cross-border fund distribution services.

Acolin has entered into an agreement to be acquired by Broadridge, the NYSE-listed Global Fintech leader.

In 2019, we supported a management buyout of Acolin, an independent market leader in cross-border fund distribution services. Our partnership focused on scaling the business through strategic technology investments and selective acquisitions to meet growing demand from asset managers navigating an increasingly complex regulatory environment.

The transformation has been built around three key pillars. First, we executed a Buy & Build strategy, completing three acquisitions, creating a comprehensive service ecosystem spanning fund distribution, data intelligence, and strategic advisory.

Second, we supported a leadership transition, appointing a new non-executive Chair with Goldman Sachs and Tilney experience, while facilitating the Founder-CEO’s transition to Non-Executive Director, and Theo Splinter's appointment as CEO from his COO role at Intertrust.

Third, we prioritised technology-driven growth, connecting disparate data sources into integrated platforms and launching new client services. This tech-first approach enhanced both operational efficiency and client value proposition.

Today, Acolin serves more than 350 clients with access to over 3,000 distributors across 30 countries, through a truly pan-European footprint.

“Broadridge and Acolin are a natural fit,” said Theo Splinter, CEO, Acolin. "The combination of Acolin’s fund distribution and regulatory solutions with Broadridge’s fund reporting and analytics capabilities will create an end-to-end solution for setting and executing a manager’s fund distribution strategy, providing our clients with faster time-to-market and delivering significant efficiencies."