Financial software and services vendor SS&C Technologies is acquiring Primatics Financial for approximately $122 million because of the surge in demand among SS&C clients for help with originating, buying, selling and securitizing loans, according to SS&C. SS&C announced on Monday that it will acquire Primatics via a cash and debt-free transaction with private equity giant… Read More >>
SS&C to Acquire Primatics for $122M
Financial software and services vendor SS&C Technologies has acquired Primatics Financial for approximately $122 million on a cash and debt-free basis from private equity giant The Carlyle Group to lay the groundwork for a solution that integrates accounting, statutory and entity reporting, officials say. SS&C officials say the acquisition is slated to close during the… Read More >>
