Announced

Pollen Street-backed Keylane to acquire Heywood from BlackRock.

Synopsis

Keylane, a European supplier of SaaS-based software solutions, agreed to acquire Heywood, a provider of data-driven, technology-enabled solutions for workplace pensions, from BlackRock is an American investment management corporation. Financial terms are not disclosed. “We are highly impressed with what Heywood has accomplished. They’ve built a range of robust, future-ready solutions with satisfied customers, an engaged team and a very professional way of running the business. We see that Heywood is the future of technology solutions for pension schemes in the UK and pension plans in North America. We couldn’t miss this opportunity to join forces with such a strong partner. We see great possibilities arising from the combination of Heywood and Keylane,” John Reynders, Keylane Group CEO.

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MergerLinks - Pollen Street-backed Keylane to acquire Heywood from BlackRock.