SS&C Technologies Holdings Inc. has agreed to acquire CACEIS North America, the fund administration business of CACEIS based in Toronto and New York.
The acquisition will add 65 employees, servicing more than $15.8 billion in investment fund assets.
The acquisition, which is subject to customary closing conditions, is expected to close in the first quarter of 2018.
Park Sutton served as financial adviser to CACEIS in connection with the transaction.
CACEIS provides fund administration services and support for complex investment strategies and is the asset servicing banking group of Crédit Agricole SA.
