Linklaters advises Carlyle on the £766 million sale of Calastone to SS&C Technologies Holdings

Linklaters has advised global investment firm Carlyle on the sale of Calastone to SS&C Technologies Holdings for £766 million (approximately US $1.03 billion), subject to certain adjustments.

Founded in 2007 and headquartered in London, Calastone operates the largest global funds network and connects over 4,500 clients in 57 countries and territories, processing over £250 billion of investment value each month.

This sale follows the firm acting for Carlyle on its initial investment in Calastone in 2020. The cross-border and multi discipline team was co-led by Private Equity Partners Alex Woodward and Andrew Lynch, with key support from managing associates Frances Hibbert and Nitesh Nagrath, and associates Rebecca Iles, Ellie Millar and Andreas Yau. The core team also included AFIG Partners Bruce Kilpatrick and Jonathan Ford, FRG Partner Peter Bevan and FRG Counsel Clare Whittle, Tax Partners Alexei Franks and Gabriel Grossman and Leveraged Finance Partner Oliver Sceales.

The transaction is expected to close in Q4 2025 and is subject to customary regulatory approvals.