M&A Deal Summary

SS&C Technologies Acquires thinklink

On October 4, 2010, SS&C Technologies acquired internet software and services company thinklink from TD Ameritrade Holding

Acquisition Highlights
  • This is SS&C Technologies’ 3rd transaction in the Internet Software and Services sector.
  • This is SS&C Technologies’ 11th transaction in the United States.
  • This is SS&C Technologies’ 3rd transaction in Massachusetts.

M&A Deal Summary

Date 2010-10-04
Target thinklink
Sector Internet Software and Services
Buyer(s) SS&C Technologies
Sellers(s) TD Ameritrade Holding
Deal Type Divestiture

Target

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.

Search 215,029 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 12 of 52
Sector: Internet Software and Services M&A 3 of 6
Type: Divestiture M&A Deals 2 of 13
State: Massachusetts M&A 3 of 8
Country: United States M&A 11 of 37
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-04 Tradeware Global

New York, New York, United States

Tradeware specializes in flexible FIX-based equity order management systems, FIX connectivity solutions, and full front-to-back office integration and compliance reporting services. The Company's service bureau business model offers customers the much sought-after benefits of trading neutrality.

Buy -
FOLLOWING 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 -

Seller(S) 1

SELLER

TD Ameritrade Holding

Omaha, Nebraska, United States

Category Company
Founded 1971
Sector Financial Services
Employees9,226
Revenue 5.4B USD (2018)
DESCRIPTION
TD Ameritrade's corporate headquarters in Omaha, Nebraska.
TD Ameritrade's corporate headquarters in Omaha, Nebraska.

TD Ameritrade Holding Corp. is a provider of securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors. TD Ameritrade provides its services predominantly through the Internet, a national branch network and relationships with RIAs. TD Ameritrade was established in 1971 and is based in Omaha, Nebraska.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-07 thinkorswim

Chicago, Illinois, United States

thinkorswim, Inc. is a provider of professional-level trading software, asset management and trade execution services for the options industry.

Buy $606M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-24 Scottrade Financial Services

St. Louis, Missouri, United States

Scottrade Financial Services, Inc. is a financial services firm with four key lines of business. These include Scottrade, Inc., a brokerage company; Scottrade Advisor Services, a division of Scottrade, Inc., which serves registered investment advisors; Scottrade Bank, a provider of online retail banking products and services, commercial lending and commercial equipment financing; and Scottrade Investment Management, providing investment guidance services. Scottrade pairs its nationwide branch network with online products and services to help clients gain insight into the market and react quickly to trading opportunities. Scottrade Financial Services, Inc. was formed i n1980 and is based in St. Louis, Missouri.

Buy $4.0B