Carlyle agrees to sell Calastone to SS&C Technologies

Harvey M. Schwartz Chief Executive Officer and Director at Carlyle
Harvey M. Schwartz Chief Executive Officer and Director at Carlyle - Carlyle
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Global investment firm Carlyle has announced an agreement to sell Calastone, a prominent global funds network and technology solutions provider for the wealth and asset management industry, to SS&C Technologies Holdings, Inc. The transaction is anticipated to conclude in the fourth quarter of 2025, pending customary regulatory approvals.

Calastone, established in 2007 and based in London, connects over 4,500 clients across 57 countries and territories. It aims to enhance market efficiency through automation and risk reduction. During Carlyle’s ownership period, Calastone expanded its international presence and invested in new products like tokenized investment funds.

Fernando Chueca from Carlyle expressed satisfaction with supporting Calastone’s growth under Julien Hammerson’s leadership. He stated: “We are pleased to have supported Calastone through such a transformational period of growth for the business.”

Julien Hammerson, CEO of Calastone, thanked Carlyle for their support over the past five years: “Their backing has been instrumental during a pivotal period of growth and transformation for Calastone.”

Bill Stone, Chairman and CEO of SS&C Technologies, welcomed the acquisition: “Calastone has built an impressive network and platform… This combination reinforces our commitment to delivering innovative solutions.”

Carlyle is a global investment firm managing $453 billion as of March 31, 2025. SS&C Technologies provides services and software globally for financial services and healthcare industries.

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