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TPG Capital Sells Eze Software to SS&C Technologies Holdings, Inc. for $1.45 Billion

Practices: Private Equity, Tax, Finance, Intellectual Property Transactions, Labor & Employment, Hedge Funds

Ropes & Gray advised TPG Capital, a leading global alternative asset firm, and Eze Software, a leading global provider of investment management solutions, in the sale of Eze Software to SS&C Technologies Holdings, Inc. Under the terms of the agreement, SS&C will purchase Eze Software in an all-cash transaction of $1.45 billion. The transaction, announced on July 31, is expected to close by the fourth quarter of 2018, subject to clearances by the relevant regulatory authorities and customary closing conditions.

Eze Software, headquartered in Boston, serves asset managers, including a mix of hedge fund, long-only asset manager, multi-manager and asset owner clients. At the core of Eze Software's offering is its award-winning, flagship Eze Investment Suite platform offering order management, execution management and portfolio accounting to streamline front-to-back-office workflows.

The Ropes & Gray team was led by private equity partner Amanda McGrady Morrison, tax partner Pamela Glazier, benefits partner Adam Stella, finance partner Michael Lee, IP transactions partner James DeGraw, labor & employment partner Megan Bisk, hedge fund counsel Brynn Rail and associates Thomas Fraser, Benjamin Rogers and William Baker.

Link to the press release.

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