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Jul 31,2018
SS&C to Acquire Eze Software from TPG For $1.45 Billion

Acquisition will integrate Eze’s market-leading OMS capabilities into  SS&C’s broader suite offerings for traditional and alternative asset  managers

Boston – July 31, 2018 –   Eze Software, a global provider of investment technology, today  announced that SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), has entered  into a definitive agreement to acquire the company from its previous owner, TPG  Capital – the private equity platform of global alternative asset firm TPG.  SS&C, a global provider of investment and financial software-enabled  services and software for the global financial services and healthcare  industries, will acquire Eze from TPG Capital for $1.45 billion.

Eze Software provides leading investment technology to power  investment operations, maximizing efficiencies across order management, trade  execution & analytics, portfolio analytics & modeling, compliance &  regulatory reporting, commission management, and portfolio & investor  accounting. Its award-winning Eze Investment Suite delivers a seamless  investment management experience to buy-side professionals in one cohesive,  integrated platform by synchronizing data throughout the trade lifecycle. The  born-in-the-cloud Eze Eclipse platform reimagines the entire investment  operation in a single solution through a secure web browser interface.

Eze was acquired by TPG Capital in 2013 from ConvergEx  Group. The transaction brought together the power of Eze OMS, RealTick EMS and  Tradar.

“We’re proud of the work we’ve accomplished with TPG and  excited for the opportunity to embark on Eze's next chapter as part of  SS&C,” said Jeffrey Shoreman, Eze Software’s CEO & President.  "Over the last five years, TPG’s investment enabled Eze Software to invest  continuously in R&D, which culminated in the integration of Eze Investment  Suite and the creation of our new cloud platform, Eze Eclipse. Joining forces  with SS&C accelerates our vision for an open, seamless, and fluid  investment ecosystem by combining the power of our leading software,  administration, and outsourcing services."

“Our clients are focused on reinventing their organizations.  The addition of Eze Software aligns with our strategy to transform today's  investment operations,” said Bill Stone, Chairman and Chief Executive Officer,  SS&C Technologies.

“It's been a privilege to be a part of Eze’s growth story  over the last five years and partner with the company on their transformation  into an integrated, market-leading provider of global investment technology  solutions,” said John Flynn, Principal at TPG. “SS&C is a world class  company for which we have deep respect. We look forward to seeing Eze’s next  phase of growth unfold under its leadership.”

Morgan Stanley & Co. LLC acted as financial advisor on  the deal, and Ropes & Gray acted as legal counsel to Eze and TPG.

This all-cash transaction is scheduled to close in Q4 2018,  subject to clearances by the relevant regulatory authorities and other  customary closing conditions.

About SS&C Technologies

SS&C is a global provider of investment and financial  software-enabled services and software for the global financial services and  healthcare industries. Founded in 1986, SS&C is headquartered in Windsor,  Connecticut and has offices around the world. Some 13,000 financial services  and healthcare organizations, from the world's largest institutions to local  firms, manage and account for their investments using SS&C's products and  services.

About Eze Software

Eze is a leading global provider of investment management  software solutions designed to optimize operational and investment alpha  throughout the entire investment process. Eze provides the platform for growth  for the entire investment community, maximizing efficiencies across trade order  management and execution, portfolio analytics and modeling, operations,  compliance and regulatory reporting, commission management, and portfolio  management and accounting. For more than 20 years, Boston-based Eze Software  has been driving innovation in financial technology. Today, Eze Software  partners with more than 2,500 buy- and sell-side institutions in 50 countries  from 14 offices worldwide.

About TPG

TPG is a leading global alternative asset firm founded in  1992 with approximately $84 billion of assets under management and offices in  Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London,  Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and  Singapore. TPG’s investment platforms are across a wide range of asset classes,  including private equity, growth venture, real estate, credit, and public  equity. TPG aims to build dynamic products and options for its investors while  also instituting discipline and operational excellence across the investment  strategy and performance of its portfolio. For more information, visit

Media Contacts
Eze Software
Veronica Belitski, 212-506-7523

Erika White, 415-743-1550

PAN Communications  for SS&C
Randi Casciano, 617-502-4328