SS&C Technologies Bolsters Portfolio with Battea Acquisition
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SS&C Technologies Bolsters Portfolio with Battea Acquisition

SS&C Technologies Holdings ( (SSNC) ) just unveiled an update.

SS&C Technologies Holdings, Inc. has completed its acquisition of Battea-Class Action Services, LLC for approximately $670 million, a move expected to be financially beneficial over the next 12 months. The acquisition was financed through debt and cash, and it brings over 100 Battea employees across multiple locations into the SS&C fold. This strategic move aims to harness synergies between the two companies, with Battea’s expertise in securities class action claims complementing SS&C’s financial services offerings, thereby enhancing the value proposition for clients and stakeholders.

For an in-depth examination of SSNC stock, go to TipRanks’ Stock Analysis page.

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