SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a Windsor, Connecticut based provider of investment and financial software-enabled services and software for the global financial services and healthcare industries, is to acquire Eze Software, a Boston-based provider of investment technology solutions.
SS&C will buy the company from its previous owner, TPG Capital – the private equity platform of global alternative asset firm TPG, for $1.45 billion.
Acquired by TPG Capital in 2013 from ConvergEx Group and led by Jeffrey Shoreman, CEO & President, Eze Software provides investment technology to power investment operations, maximizing efficiencies across order management, trade execution & analytics, portfolio analytics & modeling, compliance & regulatory reporting, commission management, and portfolio & investor accounting.
Today, the company partners with more than 2,500 buy- and sell-side institutions in 50 countries from 14 offices worldwide.
Led by Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies is a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries. Its products and services are used by some 13,000 financial services and healthcare organizations, from the world’s largest institutions to local firms, manage and account for their investments.
Founded in 1986, SS&C has offices around the world.