In a move that sends waves through the global asset management technology space, SS&C Technologies announced Monday it will acquire Calastone, the U.K.-based funds network giant, in a £766 million ($1.03 billion) all-cash transaction from private equity titan Carlyle.
The deal, subject to regulatory greenlights, is slated to close in Q4 2025 and positions SS&C as a more formidable force in providing automated, scalable solutions to the global investment ecosystem.
Building a Borderless Fund Infrastructure
Calastone, headquartered in London, connects over 4,500 clients across 57 countries and territories, enabling seamless investment transactions amounting to £250 billion monthly. From traditional fund services to cutting-edge digital investments, tokenized funds, and ETFs, the firm has become a cornerstone of financial infrastructure for asset and wealth managers.
“Calastone has built an impressive network and platform,” said Bill Stone, SS&C’s founder, chair and CEO. “Together, we will create a more connected, automated, and intelligent global fund ecosystem.”
The acquisition folds more than 250 Calastone employees into SS&C’s Global Investor & Distribution Solutions business unit, enhancing the company’s operational footprint in London, Luxembourg, Hong Kong, Taipei, Singapore, New York, and Sydney.
