FIS completed the acquisition of Torstone Technology.

Synopsis

FIS, a multinational corporation which offers a wide range of financial products and services, completed the acquisition of Torstone Technology, a SaaS post-trade platform. Financial terms were not disclosed.

Principals

target

Torstone Technology

bidder

Fidelity National Information Services

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Market Context

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Seller Team (1)

brian collings

CEO at TORSTONE TECHNOLOGY

Manager

target

Deal

n/a

Total Value

Bidder Team (3)

sam newhouse

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 47.24 B

Total Value

stephanie ferris

CEO and President at FIDELITY NATIONAL INFORMATION SERVICES INC

Manager

bidder

Deals

£ 9.21 B

Total Value

gary boss

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 26.85 B

Total Value

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