Explore All 1207 Divestiture Business Services Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | March 11, 2016 |
| Target | Citi - Alternative Investor Services Business |
| Sector | Business Services |
| Buyer(s) | SS&C Technologies |
| Sellers(s) | Citi |
| Deal Type | Divestiture |
| Deal Value | 321M USD |
FILTER BY
| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Software |
| Employees | 26,800 |
| Revenue | 5.9B USD (2024) |
SS&C Technologies is a software provider to the global financial services industry with a broad range of highly specialized software, software enabled-services and software as a service (SaaS) solutions for information management, analysis, trading, accounting, reporting and compliance. SS&C Technologies was founded in 1986 and is based in Windsor, Connecticut.
| Deal Context for Buyer | # |
|---|---|
| Overall | 25 of 52 |
| Sector: Business Services | 7 of 14 |
| Type: Divestiture | 5 of 13 |
| Country: United States | 21 of 37 |
| Year: 2016 | 1 of 4 |
| Size (of disclosed) | 8 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-14 |
Primatics Financial
McLean, Virginia, United States Primatics Financial LLC is a software company. It provides integrated solutions for complex business problems in the financial services industry. |
Buy | $122M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-14 |
Wells Fargo Global Fund Services
New York, New York, United States Wells Fargo Global Fund Services LLC is a provider of comprehensive administration, middle-office, operations and cash/collateral management services to alternative investment managers. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1812 |
| Sector | Financial Services |
| Employees | 226,710 |
| Revenue | 81.1B USD (2024) |
Citi is a global diversified financial services holding company, whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. Citi was incorporated in 1812 and is based in New York City.
| Deal Context for Seller | # |
|---|---|
| Overall | 15 of 19 |
| Sector: Business Services | 3 of 3 |
| Type: Divestiture | 12 of 16 |
| Country: United States | 9 of 11 |
| Year: 2016 | 2 of 5 |
| Size (of disclosed) | 7 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-29 |
China Guangfa Bank Co.
Guangzhou, China China Guangfa Bank is one of the earliest-incorporated joint-stock commercial banks in China. In light of the vision to be a first-class commercial bank, the Bank strives to be the best mid to high-end retail bank and the most efficient SME bank in China, and has cultivated a core operation philosophy focusing on innovation, efficiency, customer-orientation, IT leadership and employee welfare. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-16 |
Automated Trading Desk
Mount Pleasant, South Carolina, United States Automated Trading Desk is a brokerage firm specializing in automated trading and customized equity execution solutions. Automated Trading Desk has about 120 broker-dealer customers and trades, on average, more than 200 million shares daily, or 6 percent of the volume on both the New York Stock Exchange and Nasdaq. |
Sell | - |
