Shearman & Sterling LLP

12/07/2021 | Press release | Distributed by Public on 12/07/2021 08:49

SS&C Technologies £1.24 Billion Offer for Blue Prism

NewsDecember 07, 2021

SS&C Technologies £1.24 Billion Offer for Blue Prism

Shearman & Sterling is advising RBC Capital Markets as Lead Arranger in connection with the £1.24 billion recommended cash offer from SS&C Technologies to acquire the entire share capital of Blue Prism plc. The offer, which will be implemented by way of a UK scheme of arrangement, is subject to regulatory approvals and other customary conditions and is expected to become effective in 2022.

SS&C is the world's largest hedge fund and private equity administrator, as well as the largest mutual fund transfer agent. Blue Prism is a British multinational software corporation and a leading player in intelligent automation for the enterprise, transforming the way work is done. It pioneered and makes enterprise robotic process automation software that provides a digital workforce designed to automate complex, end-to-end operational activities. Blue Prism's shares are admitted to trading on the London Stock Exchange's AIM market.

The Shearman & Sterling team below included associate Tochie Israel-Bolarinwa (London-M&A).

The Team

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