The world's leading printing group acquires competitor for financial print and communications division to combine resources and enable client choice, through the most comprehensive suite of service options in the industry
NEW YORK, Aug. 1, 2018 /PRNewswire/ -- Toppan Leefung Pte. Ltd., part of the world's leading printing group and parent company to Toppan Vintage, announced today the strategic acquisition of Merrill Communication's transaction and compliance business (to be referred to as Capital Markets and Compliance). Merrill is a global leader providing SaaS collaborative software and full-service solutions for corporations and their advisors, including Merrill Bridge™, an industry-leading SaaS solution for XBRL and regulatory filings, composition, electronic filing, project management and distribution of time-sensitive regulatory and transaction documents. Merrill's capital markets transactions and regulatory compliance business will be a part of Toppan Vintage's global financial printing, communications and technology operation.
The acquisition includes many of Merrill's offices in North America, EMEA, India and APAC. The combined entity plans to utilize its extensive global expertise to focus on providing technology-driven services and a quality client experience through customized SaaS software and full-service solutions.
"Over the past several years, we have aggressively built out Toppan Vintage's financial printing and communications global offering and this acquisition will support our goal of becoming the industry's leading solutions provider for our clients", said Yeo Chee Tong, CEO of Toppan Leefung Pte. Ltd. "Our combined resources will create a new global powerhouse to provide clients with a leading comprehensive choice for their global financial communications needs with the most complete suite of SaaS and traditional services. Our vision and commitment to be the preeminent player in our industry will drive our continuous innovation of technology, processes, products and services."
Merrill's deep industry relationships combined with its rich and extensive capital markets and compliance work experience will expand the company's state-of-the-art technology resources and customer service expertise, and further establish corporate stability and staying power in the industry.
This acquisition builds upon Toppan Vintage's ongoing growth strategy. In March 2017 Toppan Vintage acquired Vintage, a former division of PR Newswire and a provider of regulatory compliance across capital markets, corporate services, and institutional and fund services. The acquisition of Vintage strengthened the expansion of the company's global footprint and compliance customer base.
The joint organization will ultimately be known as Toppan Merrill, reflecting the newly formed organization's scale and enhanced offerings. The company plans to unveil a corporate rebrand in the coming months.
About Toppan Vintage
Toppan Vintage, a leader in financial printing and communications solutions, is part of the Toppan Printing Co., Ltd., the world's leading printing group, headquartered in Tokyo with approximately US$14 billion in annual sales. Toppan Vintage has been a pioneer and trusted partner in the financial markets for three decades, serving the financial, legal and corporate communities with meticulous, responsive service and unparalleled local market expertise and capabilities. Toppan Vintage's expanding operations deliver a hassle-free experience for mission-critical content for capital markets transactions, financial reporting and regulatory compliance filings, investment companies and insurance providers. Collaboration is at the heart of what we do and who we are. Our Hive® suite of SaaS solutions, utilizing cutting-edge technology and expertise, aspires to the idea of the hive - an industrious community working together in a secure, efficient environment. Learn more at www.toppanvintage.com.
About Merrill Corporation
Merrill Corporation provides technology-enabled platforms for secure content sharing, regulated communications and disclosure services. Clients trust Merrill's innovative applications and deep subject expertise to successfully navigate the secure sharing of their most sensitive content, perfect and distribute critical financial and regulatory disclosures, and create customized communications across stakeholders. With nearly 3,000 people in locations worldwide, clients turn to Merrill when their need to manage complex content intersects with the need to collaborate securely around the globe. https://www.merrillcorp.com
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