SS&C Names Frank Egan Managing Director Mergers & Acquisitions

Rhea-AI Summary

SS&C Technologies Holdings has appointed Frank Egan as Managing Director of Mergers & Acquisitions. With over 35 years in investment banking and venture capital, Frank brings extensive experience, having previously been Managing Partner at Lake Bridge Capital Ventures and served at notable firms like Northwater Capital. CEO Bill Stone expressed enthusiasm for Frank's appointment, citing his deep understanding of the technology space. SS&C, a provider of services and software in financial services and healthcare sectors, operates globally, serving around 18,000 organizations.

Positive

• Frank Egan's extensive experience in investment banking and venture capital could enhance SS&C's M&A strategies.
• The appointment may lead to potential synergies and opportunities for market expansion.

Negative

• None.

WINDSOR, Conn., Sept. 1, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Frank Egan has joined the team as Managing Director, Mergers & Acquisitions. Frank will report to Bill Stone, Chairman and Chief Executive Officer.

"I am pleased to welcome Frank to SS&C," said Bill Stone. "Frank has a deep and thorough understanding of the evolving technology space and extensive experience investing in promising technology companies. We are excited to have him join our executive management team."

Frank joins SS&C from Lake Bridge Capital Ventures, where he was Managing Partner. He has more than 35 years of experience in investment banking and venture capital. Prior to Lake Bridge Capital, Frank had served at Northwater Capital Management, Draper Fisher Jurvetson ePlanet Ventures, Paine Webber, Kemper Securities, and Dain Rauscher Wessels. He has served on the Board of Directors for multiple technology firms, including Arctic Sand, Aquilon Energy Services, Airgain, Gen3 Partners and American EPay.

"I am delighted to join SS&C," said Frank Egan. "My background in technology, financial services and venture capital uniquely positions me to support SS&C in its continued growth."

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

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SOURCE SS&C

FAQ

What is the significance of Frank Egan's appointment at SSNC?

Frank Egan's appointment as Managing Director of Mergers & Acquisitions at SS&C is significant as his extensive experience in investment banking and venture capital can potentially strengthen the company's growth and M&A strategies.

What background does Frank Egan have before joining SSNC?

Before joining SS&C, Frank Egan was the Managing Partner at Lake Bridge Capital Ventures and has held positions at various investment firms, providing him with over 35 years of experience.

How does the appointment of Frank Egan impact SSNC's future?

The appointment of Frank Egan may positively impact SS&C's future by leveraging his expertise to identify and execute strategic mergers and acquisitions.

What industries does SSNC serve?

SS&C serves the financial services and healthcare industries, providing software and services to about 18,000 organizations worldwide.