---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-110813"
form_type: "8-K"
ticker: "SSNC"
cik: "0001402436"
company_name: "SS&C Technologies Holdings Inc"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:13:23.061757+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SS&C completes $670M acquisition of Battea-Class Action Services, funded partly with $800M debt

## Summary
- Purchase price ~$670M; financed with $800M incremental term A-9 loans and cash.
- Term A-9 loans bear interest at SOFR + 1.50% or Base + 0.50%, with leverage-based adjustments.
- Loans mature Sept 2029, amortize initially 2.5% quarterly, then 5.0%.
- Transaction expected to be accretive over next 12 months; over 100 Battea employees join.
- Battea provides securities class action recovery services to 900+ institutional clients.

## SEC filing metadata
- accession: 0000950170-24-110813
- form_type: 8-K
- ticker: SSNC
- cik: 0001402436
- company_name: SS&C Technologies Holdings Inc
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402436/000095017024110813/0000950170-24-110813-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402436/000095017024110813/ssnc-20240927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-110813
- JSON: https://secwatch.observer/filing/0000950170-24-110813.json
- Plain text: https://secwatch.observer/filing/0000950170-24-110813.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.