M&A
confidence high
sentiment positive
materiality 0.85
SS&C to acquire Blue Prism for £1.24B ($1.65B) in cash, financed by $1.68B debt facility
SS&C Technologies Holdings Inc
- Offer price £12.75 per Blue Prism share, implying equity value of ~£1,243M (approx. $1,650M).
- Transaction expected to close in Q1 2022, subject to shareholder approval, antitrust clearance, and UK court sanction.
- SS&C secured a $1.68B interim debt facility from Royal Bank of Canada to fund the cash consideration.
- Interim facility has 90-day maturity; to be replaced by incremental term loans under SS&C's existing credit agreement.
- Co-operation Agreement signed; SS&C guarantees Bidco's obligations; Blue Prism board recommends the deal.