SS&C Technologies Acquires Financial Services CRM Software Company
Summary
SS&C Technologies Holdings, Inc. has acquired the sell-side Tier1 CRM business and related assets from Tier1 Financial Solutions in an all-cash transaction. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here. The acquisition will expand SS&C’s CRM capabilities, targeting capital markets and investment banks and adding 30+ enterprise clients across the U.S., Canada, and the U.K., the companies said. Tier1 CRM’s employees in Canada and the U.S. will join SS&C’s Salentica business unit, which is dedicated to CRM for financial services and report to Derek Landi, vice president and general manager, SS&C Salentica. The combination of the Tier1 business and Salentica will allow us to better serve clients with CRM solutions purpose-built for their market.”
