M&A Deal Summary

SS&C Technologies Acquires BenefitsXML

On March 11, 2011, SS&C Technologies acquired software company BenefitsXML

Acquisition Highlights
  • This is SS&C Technologies’ 6th transaction in the Software sector.
  • This is SS&C Technologies’ 12th transaction in the United States.
  • This is SS&C Technologies’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2011-03-11
Target BenefitsXML
Sector Software
Buyer(s) SS&C Technologies
Deal Type Add-on Acquisition

Target

BenefitsXML

Glastonbury, Connecticut, United States
BenefitsXML is a provider of enterprise software solutions for employee benefit service providers.

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Buyer(S) 1

Buyer

SS&C Technologies

Windsor, Connecticut, United States
Category Company
Founded 1986
Sector Software
Employees26,600
Revenue 5.5B USD (2023)
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 13 of 49
Sector (Software) 6 of 12
Type (Add-on Acquisition) 11 of 37
State (Connecticut) 1 of 2
Country (United States) 12 of 36
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-04 thinklink

Needham, Massachusetts, United States

thinklink is an Internet-deployed trade order management system, execution system, liquidity engine and provides connectivity to algorithmic trading systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-27 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.

Buy -
Mergr

Product

Company

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