5. SS&C Technologies

Company acquired: Conifer Financial Services

Head count: 201-500 employees

Annual revenue: Not disclosed

Purchase price: $88.5 million

Date of announcement: Dec. 15

SS&C Technologies said it can now provide a wider array of services to outsourced CIO portfolios thanks to its purchase of Conifer Financial Services.

The Windsor, Conn.-based company, No. 36 on the 2016 CRN Solution Provider 500, strengthened its market position on the West Coast through its acquisition of San Francisco-based Conifer. Becoming part of SS&C will allow Conifer to accelerate its growth plans and pace of innovation, according to the 27-year-old company.

Conifer's senior management will continue to lead the business, according to the company. Conifer has 200 clients worldwide representing $110 billion of combined assets under administration, and offices in New York, Singapore and Nova Scotia.