M&A Deal Summary

SS&C Technologies Acquires Teledata Communications - Identity Verification and Credit Retrieval Assets

On December 27, 2011, SS&C Technologies acquired information technology company Teledata Communications - Identity Verification and Credit Retrieval Assets from Teledata Communications

Acquisition Highlights
  • This is SS&C Technologies’ 2nd transaction in the Information Technology sector.
  • This is SS&C Technologies’ 13th transaction in the United States.

M&A Deal Summary

Date 2011-12-27
Target Teledata Communications - Identity Verification and Credit Retrieval Assets
Sector Information Technology
Buyer(s) SS&C Technologies
Sellers(s) Teledata Communications
Deal Type Divestiture

Target

Teledata Communications - Identity Verification and Credit Retrieval Assets

United States
Teledata Communications - Identity Verification and Credit Retrieval Assets is a provider of IT solutions and services.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

SS&C Technologies

Windsor, Connecticut, United States

Category Company
Founded 1986
Sector Software
Employees26,800
Revenue 5.9B USD (2024)
DESCRIPTION

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 STATS #
Overall 14 of 52
Sector: Information Technology M&A 2 of 10
Type: Divestiture M&A Deals 3 of 13
Country: United States M&A 13 of 37
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-11 BenefitsXML

Glastonbury, Connecticut, United States

BenefitsXML is a provider of enterprise software solutions for employee benefit service providers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-29 PORTIA

United States

PORTIA provides a broad set of middle-to-back office capabilities that allow investment managers to track and manage the day-to-day activity in investment portfolios required to support global accounting requirements. Offered on a deployed and hosted basis, the solution supports a broad range of functions including corporate action processing, internal, client and regulatory reporting, performance measurement and attribution and post trade compliance.

Buy $170M

Seller(S) 1

SELLER

Teledata Communications

Islandia, New York, United States

Category Company
Founded 1982
Sector Software
DESCRIPTION

Teledata Communications, Inc. is a provider of software products for automating the process of conducting background checks, employment screenings, tenant screenings and more.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1