M&A Deal Summary

STP Investment Services Acquires Accusource

On February 13, 2020, STP Investment Services acquired financial services company Accusource

Acquisition Highlights
  • This is STP Investment Services’ 1st transaction in the Financial Services sector.
  • This is STP Investment Services’ 1st transaction in the United States.
  • This is STP Investment Services’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2020-02-13
Target Accusource
Sector Financial Services
Buyer(s) STP Investment Services
Deal Type Add-on Acquisition

Target

Accusource

Exton, Pennsylvania, United States
Accusource LLC is an investment operations firm serving the investment management industry. The company partners with firms such as RIAs, hedge funds, family offices or asset managers to support data processing, performance and reporting needs. Accusource was formed in 2008 and is based in Exton, Pennsylvania.

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Buyer(S) 1

Buyer

STP Investment Services

West Chester, Pennsylvania, United States
Category Company
Founded 2008
Sector Financial Services
DESCRIPTION

STP Investment Services is a technology-enabled services company that provides front, middle, and back-office solutions to investment managers, funds, family offices, wealth managers, and plan sponsors providing the service, software, expertise, and confidence needed to focus on their core business objectives. STP provides a broad range of services and SaaS offerings for the financial services industry with capabilities to process all asset classes and meet ever-evolving business requirements. STP Investment Services was founded in 2008 and is based in West Chester, Pennsylvania.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Tower Fund Services

Oceanport, New Jersey, United States

Tower Fund Services is a provider of an outsourced solution for alternative investment managers and family offices, offering fund administration to private equity funds, cryptocurrency funds, hedge funds, direct lending funds, funds of funds, real estate funds and more. Tower Fund Services is based in Oceanport, New Jersey.

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