SS&C Technologies Holdings Inc., a global provider of software services for financial services and healthcare industries, has acquired Blue Prism Group, a robotics process automation company.
Blue Prism delivers enterprise robotic process automation and intelligent automation with over 2,000 customers across 170 countries in 70 industry verticals. The deal is intended to enhance the firm’s position as a services provider and will operate as SS&C Blue Prism. The firm will run as a business unity and report to the managing director of business process automation, Mike Megaw.
“We are pleased to welcome Blue Prism employees, customers and partners,” said Bill Stone, SS&C Chairman and CEO. “Blue Prism’s RPA business and SS&C’s intelligent automation platform SS&C Chorus are highly complementary. We intend to combine these businesses to deliver a full suite of intelligent automation technologies. In addition, SS&C will cross-sell Blue Prism products to SS&C’s global client base of over 20,000 customers and leverage Blue Prism to optimize internal business processes.”
RBC Europe Limited and Davis Polk & Wardwell London LLP represented the Company on the transaction. Qatalyst Partners Limited, Merrill Lynch International, Investec Bank plc and CMS Cameron McKenna Nabarro Olswang LLP represented Blue Prism.