SS&C Technologies Holdings, Inc. has announced a definitive agreement to acquire Calastone, the world’s largest global funds network, from Carlyle for approximately $1.03 billion (£766 million). This strategic acquisition strengthens SS&C’s position in fund administration and transfer agency services, leveraging Calastone’s extensive network to drive innovation in the wealth and asset management sectors.
SS&C Technologies to acquire Calastone for $1.03 billion.
Calastone connects 4,500+ financial organizations across 57 markets.
Acquisition expected to close in Q4 2025, subject to regulatory approval.
Deal to enhance SS&C’s fund administration and AI-driven solutions.
Calastone’s 250+ staff to join SS&C Global Investor & Distribution Solutions.
SS&C stock price at $83.41, reflecting market confidence.
SS&C Technologies, a leading provider of software and services for financial and healthcare industries, will acquire Calastone, a London-based global funds network connecting over 4,500 financial organizations across 57 markets. The $1.03 billion deal, funded by debt and cash, is expected to be accretive within 12 months and close in Q4 2025, pending regulatory approvals. “We’re excited to welcome Julien, the Calastone team and their valued clients to SS&C,” said Bill Stone, Chairman and CEO of SS&C Technologies.
Calastone’s technology solutions complement SS&C’s expertise in fund administration, transfer agency services, and AI-driven automation. The acquisition creates a unified, real-time platform to reduce costs, complexity, and operational risks for asset and wealth managers. “We are pleased to be combining forces with SS&C in our joint mission to build the most comprehensive, intelligent and connected wealth and asset management ecosystem,” said Julien Hammerson, CEO of Calastone.
Calastone’s 250+ employees across offices in London, Luxembourg, Hong Kong, Taipei, Singapore, New York, and Sydney will join SS&C’s Global Investor & Distribution Solutions unit, reporting to General Manager Nick Wright. This move bolsters SS&C’s geographic reach and operational scalability, empowering clients to innovate and diversify products. The acquisition aligns with SS&C’s ongoing expansion, as evidenced by its stock performance, with a current price of $83.41 and a market cap of $20.61 billion, as shown in the finance card above.
The acquisition positions SS&C to capitalize on the growing demand for digital transformation in the funds industry. By integrating Calastone’s network, SS&C aims to deliver enhanced investor servicing and operational efficiency, driving better outcomes for global investors. Fernando Chueca, Managing Director at Carlyle Europe Technology Partners, noted, “We are pleased to have supported Calastone through such a transformational period of growth for the business. We are confident that SS&C is the right partner to continue Calastone’s success.”
This acquisition reinforces SS&C’s leadership in financial technology, combining Calastone’s global network with its robust platform to create a more connected and efficient fund ecosystem. With a strong market position and innovative capabilities, SS&C is well-poised to drive growth and deliver value to its 22,000+ clients worldwide.
Calastone is the largest global funds network, connecting the world’s leading financial organisations.
Calastone’s mission is to reduce complexity, risk and costs, enabling the industry to deliver greater value to investors. 4,500 clients in 57 countries and territories benefit from Calastone’s services, processing over £250 billion of investment value each month.
Calastone is headquartered in London and has offices in Luxembourg, Hong Kong, Taipei, Singapore, New York and Sydney.
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. More than 22,000 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.
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $453 billion of assets under management as of March 31, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents.
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