SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) today announced a public offering of its common stock by selling stockholders. The aggregate size of the offering is 7,750,000 shares, with 6,500,000 shares of common stock offered by investment funds affiliated with The Carlyle Group and 1,250,000 shares of common stock offered by William C. Stone, the company's chairman and chief executive officer. Upon completion of the offering, investment funds affiliated with The Carlyle Group will beneficially own approximately 18.85% of the common stock of SS&C Holdings and Mr. Stone will beneficially own approximately 20.49% of the common stock of SS&C Holdings. The offering is expected to close and settle on March 19, 2013. The company will not receive any of the proceeds from the offering of shares by the selling stockholders.
Barclays Capital Inc. is acting as the sole underwriter for the offering.
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