June 14, 2007
Windsor firm seeks $200M IPO
SS&C Technologies, based in Windsor, announced plans to file for a $200 million initial public offering. The company, which makes software for the financial services industry, is closely held by private equity giant The Carlyle Group, which acquired the company two years ago. SS&C plans to trade on the Nasdaq stock exchange under the ticker symbol SSNC. Morgan Stanley, Credit Suisse Securities and J.P. Morgan will underwrite the IPO. The company made $1.1 million last year on sales of $206 million, according to filings it made with the SEC.
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