Davis Polk Advises SS&C on Its Acquisition of Primatics Financial
Davis Polk is advising SS&C Technologies Holdings, Inc. in connection with its approximately $122 million acquisition of Primatics Financial from The Carlyle Group. The acquisition is expected to close in the fourth quarter of 2015.
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Headquartered in McLean, Virginia, Primatics is a leader in accounting, forecasting, regulatory reporting, reserving and stress testing solutions to financial institutions holding or acquiring loans.
The Davis Polk corporate team includes partners Leonard Kreynin and Kirtee Kapoor and associate Evan Rosen. Partner Jeffrey P. Crandall, counsel Cynthia Akard and associate Travis Triano are providing executive compensation advice. Partner Michael Mollerus and associate Koonho Cho are providing tax advice. Partner Frank J. Azzopardi and associate Bonnie Chen are providing intellectual property and technology advice. Members of the Davis Polk team are based in the New York and Northern California offices.