09:52 AM EDT, 09/12/2024 (MT Newswires) -- SS&C Technologies Holdings ( SSNC ) said Thursday it agreed to acquire Battea-Class Action Services for about $670 million, subject to certain adjustments.

The acquisition of Battea, which provides securities class action claims management and settlement recovery services, is expected to close this year, SS&C ( SSNC ) said.

The company said it intends to use a combination of debt and cash on hand to fund the deal, which it expects to be accretive over the next 12 months.

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