M&A Deal Summary |
|
|---|---|
| Date | 2023-08-20 |
| Target | Iress - Managed Funds Administration Business |
| Sector | Business Services |
| Buyer(s) | SS&C Technologies |
| Sellers(s) | IRESS |
| Deal Type | Divestiture |
SEARCH 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 STATS | # |
|---|---|
| Overall | 48 of 52 |
| Sector: Business Services M&A | 13 of 14 |
| Type: Divestiture M&A Deals | 12 of 13 |
| Country: Australia M&A | 3 of 3 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-23 |
Tier1 CRM Business
Toronto, Ontario, Canada Tier1 CRM Business is a CRM solution, empowering clients to optimize customer engagement and increase operational efficiency. The business delivers workflow-optimized experiences, prompted insights, and a centralized view of client interactions that drive revenue-generating engagements. Serving the unique needs of Capital Markets, Investment Banking, Investment Management, and corporate professionals, it advances client relationships and workflows with data-driven insights across desktop and mobile devices, empowering compliance, collaboration, transparency, and communication. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-12 |
Battea-Class Action Services
Stamford, Connecticut, United States Battea-Class Action Services is a provider of securities class action claims management and settlement recovery services. Battea-Class Action Services is based in Stamford, Connecticut. |
Buy | $670M |
IRESS is an Australian software company specialising in the development of software systems and services for financial markets and wealth management. IRESS was founded in 1993 and is based in Melbourne, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Australia M&A | 2 of 2 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-06 |
OneVue
Sydney, Australia OneVue is a fintech company that partners to disrupt the superannuation value chain. The business operates through three core divisions: Fund Services, Platform Services, and Trustee Services. OneVue Holdings was founded in 2004 and is based in Sydney, Australia. |
Buy | AU$115M |
