SS&C investment in combination of Equiniti and AST
We advised SS&C on the investment
Davis Polk advised SS&C Technologies Holdings, Inc. on its strategic investment in a newly incorporated company formed by the combination of Equiniti and American Stock Transfer & Trust Company, recently acquired by affiliates of Siris Capital Group, LLC. Financial terms of the transaction were not disclosed.
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Equiniti is a leading U.S. and U.K. provider of shareholder, pension, remediation and credit technology, and AST is a leading provider of U.S. shareholder technology.
The Davis Polk corporate team included partner Leonard Kreynin. Counsel Benjamin Milder provided investment management advice. All members of the Davis Polk team are based in the New York office.