RCS - SS&C Technologies - SS&C Technologies to Acquire Calastone

SS&C Technologies HoldingsAnnouncement

21/07/2025 09:00

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RNS Number : 8441R  SS&C Technologies Hldgs Inc  21 July 2025

SS&C Technologies to Acquire Calastone

 

WINDSOR, CT, July 21, 2025 - SS&C Technologies Holdings, Inc.
(https://www.ssctech.com/?utm_campaign=SSC2025-Enterprise-Press-Release-0725&utm_medium=pressrelease&utm_source=prnews&utm_content=SSNC-to-acquire-Calastone)
(Nasdaq: SSNC) today announced a definitive agreement to acquire Calastone,
the largest global funds network and leading provider of technology solutions
to the wealth and asset management industries, from global investment firm
Carlyle. The purchase price is approximately £766 million (approximately US
$1.03 billion), subject to certain adjustments.

Headquartered in London, Calastone operates the largest global funds network,
connecting more than 4,500 of the world's leading financial organizations
across 57 markets. The acquisition is expected to close in Q4 2025, subject to
regulatory approvals. SS&C expects the acquisition to be accretive within
12 months and plans to fund the purchase with a combination of debt and cash
on hand. Calastone's more than 250 staffers in London, Luxembourg, Hong Kong,
Taipei, Singapore, New York and Sydney are expected to join SS&C Global
Investor & Distribution Solutions, reporting to General Manager Nick
Wright.

"We're excited to welcome Julien, the Calastone team and their valued clients
to SS&C," said Bill Stone, Chairman and CEO of SS&C Technologies.
"Together, we will create a more connected, automated, and intelligent global
fund ecosystem - reducing complexity, enhancing client experience, and shaping
the future of distribution and investment operations."

The acquisition of Calastone reinforces SS&C's commitment to transforming
investment operations and bolsters SS&C's ongoing geographic expansion.
Calastone's global network and technology solutions complement SS&C's
leadership in fund administration, transfer agency services, AI and
intelligent automation. By combining capabilities, the two companies will
deliver a unified, real-time operating platform to reduce cost, complexity,
and operational risk across the global fund ecosystem as well as shaping
distribution. This strategic alignment enables enhanced distribution, investor
servicing, and operational scalability - empowering asset and wealth managers
to innovate, diversify products, and deliver better outcomes for investors
worldwide.

"We are pleased to be combining forces with SS&C in our joint mission to
build the most comprehensive, intelligent and connected wealth and asset
management ecosystem," said Julien Hammerson, CEO of Calastone. "SS&C's
global scale and deep expertise across fund services and technology will
enable us to accelerate innovation and deliver new digital capabilities to the
market. We look forward to working together to deliver transformational
services to asset and wealth managers and drive growth."

 

Fernando Chueca, Managing Director on the Carlyle Europe Technology Partners
investment advisory team, said: "We are pleased to have supported Calastone
through such a transformational period of growth for the business. Its
well-established technology network represents a differentiated, automated
offering and we believe the business is well-positioned to build upon its
market position and business momentum. We are confident that SS&C is the
right partner to continue Calastone's success, and we look forward to watching
the company thrive in its next phase."

 

 

SS&C was advised by Davis Polk & Wardwell LLP. Barclays served as
exclusive financial advisor to Calastone and Linklaters and Mishcon De Reya
served as legal advisors to Calastone in connection with the transaction.

 

 

About Calastone

Calastone is the largest global funds network, connecting the world's leading
financial organisations.

Calastone's mission is to reduce complexity, risk and costs, enabling the
industry to deliver greater value to investors. 4,500 clients in 57 countries
and territories benefit from Calastone's services, processing over £250
billion of investment value each month.

Calastone is headquartered in London and has offices in Luxembourg, Hong Kong,
Taipei, Singapore, New York and Sydney.

About SS&C Technologies

SS&C is a global provider of services and software for the financial
services and healthcare industries. Founded in 1986, SS&C is headquartered
in Windsor, Connecticut, and has offices around the world. More than 22,000
financial services and healthcare organizations, from the world's largest
companies to small and mid-market firms, rely on SS&C for expertise,
scale, and technology.

 

About Carlyle

 

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise
that deploys private capital across three business segments: Global Private
Equity, Global Credit, and Carlyle AlpInvest. With $453 billion of assets
under management as of March 31, 2025, Carlyle's purpose is to invest wisely
and create value on behalf of its investors, portfolio companies, and the
communities in which we live and invest. Carlyle employs more than 2,300
people in 29 offices across four continents. Further information is available
at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The
Carlyle Group.

 

 

 

Additional information about

SS&C (Nasdaq:SSNC) is available at www.ssctech.com (about%3Ablank) .

Follow SS&C on X, Linkedin and Facebook.

 

For more information

Brian Schell

Chief Financial Officer

SS&C Technologies

Tel: +1-816-642-0915

E-mail: InvestorRelations@sscinc.com (mailto:InvestorRelations@sscinc.com)

 

Justine Stone

Investor Relations

SS&C Technologies

Tel: +1- 212-367-4705

E-mail: InvestorRelations@sscinc.com (mailto:InvestorRelations@sscinc.com)

 

Media Contacts

Sam Gentile

Tel : +1-646-818-9195

Email : pro-SSC@prosek.com (mailto:pro-SSC@prosek.com)

 

 

SOURCE: SS&C

 

 

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