SS&C Technologies Holdings $2.63 billion acquisition of Advent Software

8/7/2015

Acquisition finance, Public acquisition

Value:

$ 2.63 billion

Status:

Completed

Date:

8/7/2015

Overview:

Financial services software provider SS&C Technologies Holdings has completed its $2.63 billion acquisition of Advent Software.
Financing for the deal came from $2.48 billion in term loan facilities and a $150 million revolving credit facility.
Morgan Stanley and Deutsche Bank acted as financial advisers for SS&C and Qatalyst Partners acted for Advent.
The deal was first announced in February 2015.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal types:

Acquisition finance
Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sectors:

Financial services
Technology and telecommunications

Firms:

Davis Polk & Wardwell

Party: SS&C Technologies (Acquirer, Borrower)

Lawyer: Leonard Kreynin

Wilson Sonsini Goodrich & Rosati

Party: Advent Software (Target)

Lawyer: John Mao

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