SS&C Technologies $670 million acquisition of Battea-Class Action Services
We are advising SS&C on the transaction
Davis Polk is advising SS&C Technologies Holdings, Inc. on its $670 million acquisition of Battea-Class Action Services. The transaction is expected to be completed prior to the end of the year.
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. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
Founded in 2001 and headquartered in Stamford, Connecticut, Battea-Class Action Services is a global leader and expert in all stages of filing and processing settlement claims in connection with antitrust and securities litigation. The company has been a global leader in the space for more than 20 years, serving over 900 institutions around the world, including many of the world’s largest banks, hedge funds, asset managers and buy-side investors.
The Davis Polk corporate team includes partner Leonard Kreynin and associates Samuel Liebmann, Jeff Wu and Maggie Xing. Partner Corey M. Goodman and associate Ben Silver are providing tax advice. Partner Travis Triano and associate Emily Y. Su are providing executive compensation advice. Partner Scott M. Herrig and associate Sam Dilthey are providing finance advice. All members of the Davis Polk team are based in the New York office.