M&A Deals That Reshaped The Channel: October 2016
Submitted by Michael Novinson and Jimmy Sheridan on
10. SS&C Technologies
Company acquired: Salentica
Head count: 30 employees
Annual revenue: Not disclosed
Purchase price: Not disclosed
Date of announcement: Oct. 24
SS&C Technologies acquired CRM platform developer Salentica to help bolster its portfolio of CRM solutions.
Following the acquisition, the Salentica platform was integrated with SS&C's Black Diamond Wealth Platform.
The Windsor, Conn.-based company, No. 36 on the 2016 CRN Solution Provider 500, brought all of Salentica's employees into the business, infusing its staff with new expertise in integrated CRM solutions for both the Microsoft Dynamics CRM and Salesforce CRM platforms.
New York-based Salentica now operates as a business unit under SS&C with its current leadership team, including founder and President Bill Rourke, slated to remain in place.