SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced on 15 October 2025 that it has completed its acquisition of Calastone, the largest global funds network, for a purchase price of approximately £766 million (about US $1.03 billion). The deal was financed with a combination of debt and cash, and the transaction required an upsizing of SS&C’s Term Loan B facility by $1.05 billion, which carries an interest rate of SOFR + 200 and matures in 2031.
Effective immediately, Calastone’s team of 250 employees will join SS&C’s Global Investor & Distribution Solutions, reporting to General Manager Nick Wright. Calastone’s extensive network—offices in London, Luxembourg, Hong Kong, Taipei, Singapore, New York and Sydney—will complement SS&C’s existing fund administration, transfer agency, AI and automation capabilities, creating a unified, real‑time operating platform for fund industry participants worldwide.
The acquisition is expected to be accretive over the next 12 months, expanding SS&C’s global reach and enhancing its technology stack. By integrating Calastone’s network and technology, SS&C aims to deliver improved distribution, investor servicing and operational scalability to its clients, reinforcing its leadership position in the global fund operations market.
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