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  6. SS&C Technologies Acquires Evare

M&A Deal Summary

SS&C Technologies Acquires Evare

On March 23, 2009, SS&C Technologies acquired information technology company Evare

Acquisition Highlights
  • This is SS&C Technologies’ 1st transaction in the Information Technology sector.
  • This is SS&C Technologies’ 7th transaction in the United States.
  • This is SS&C Technologies’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2009-03-23
Target Evare
Sector Information Technology
Buyer(s) SS&C Technologies
Deal Type Add-on Acquisition

Target

Evare

Burlington, Massachusetts, United States
Evare, LLC is a managed utility service provider for financial data acquisition, enrichment, transformation and delivery. Evare serves as a data transformation hub for over 300 asset managers, broker/dealers, custodial institutions, banks, corporations and their respective clients worldwide.

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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 8 of 52
Sector: Information Technology M&A 1 of 10
Type: Add-on Acquisition M&A Deals 8 of 39
State: Massachusetts M&A 1 of 8
Country: United States M&A 7 of 37
Year: 2009 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-01 Micro Design Services

Parsippany, New Jersey, United States

Micro Design Services, LLC is a design and development of sophisticated software products for the financial industry. MDS provides its customers with outstanding technology, enabling them to compete in a rapidly changing environment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-01 MAXIMIS

United States

MAXIMIS is a real-time, intranet-enabled investment accounting application with comprehensive support for domestic and international securities trading.

Buy -
Mergr

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