Bulletin: SS&C Technologies Holdings Inc.'s Announced Acquisition Of Calastone Will Support Its Growth Strategy; Ratings Unchanged

This report does not constitute a rating action. S&P Global Ratings today said that its ratings on SS&C Technologies Holdings Inc.'s (BB/Stable/--) remain unchanged following SS&C?s announcement it had entered into a definitive agreement to acquire Calastone, a London-based global funds network and technology solutions provider owned by Carlyle Group. SS&C will acquire Calastone for $1.03 billion and the transaction will be funded with a combination of cash on hand and debt. The company expects to close the transaction in Q4?2025 subject to customary regulatory approvals. Calastone?s leading digital network for fund trading settlement and block-chain enabled technology complements SS&C?s existing capabilities across fund administration, transfer agency, and automation by enhancing operational efficiency, reducing risk, and improving transparency in fund

...July 31, 2025 This report does not constitute a rating action. NEW YORK (S&P Global Ratings) July 31, 2025--S&P Global Ratings today said that its ratings on SS&C Technologies Holdings Inc.'s (##/Stable/--) remain unchanged following SS&C's announcement it had entered into a definitive agreement to acquire Calastone, a London-based global funds network and technology solutions provider owned by Carlyle Group. SS&C will acquire Calastone for $1.03 billion and the transaction will be funded with a combination of cash on hand and debt. The company expects to close the transaction in Q42025 subject to customary regulatory approvals. Calastone's leading digital network for fund trading settlement and block-chain enabled technology complements SS&C's existing capabilities across fund administration, transfer agency, and automation by enhancing operational efficiency, reducing risk, and improving transparency in fund trading and settlement across the investment lifecycle. We expect the transaction...

Bulletin