DST Systems to Acquire ALPS Holdings

In The News
July 20, 2011
Ropes & Gray is representing DST Systems, Inc. in its acquisition of ALPS Holdings, Inc. for $250 million, announced July 19.

ALPS is a 25-year-old financial services firm that provides a suite of asset servicing and asset gathering solutions to the investment management industry. ALPS has been a portfolio company of Lovell Minnick Partners since September 2005 when the private equity firm acquired a majority interest.

The Ropes & Gray deal team includes Boston-based investment management partner Brian McCabe, Boston-based tax partner Eric Elfman and Boston-based associates Josh Gallitano and Pam Glazier.