Announced
Completed
Synopsis
SS&C Technologies Holdings, a global provider of investment and financial software-enabled services and software, completes the acquisition of DST Systems, a leading global strategic advisory, technology, and operations outsourcing company for $5.4bn. The addition of DST's financial services and healthcare businesses provides SS&C with additional scale and breadth across institutional, alternative, wealth management and healthcare segments. SS&C will manage approximately 13k global clients and delivered pro forma 2017 revenue of approximately $3.9bn. "We are pleased to move forward as one company following the combination of two highly complementary market leaders. Our clients in both the financial services and healthcare sectors are facing increasing competitive and regulatory pressures, and SS&C is now even better positioned to deliver innovative services and solutions. We are pleased to welcome DST's clients and talented employees around the world." Bill Stone, SS&C Chairman, and Chief Executive Officer.
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