SS&C Technologies Holdings Inc. completed its acquisition of U.K.-based Blue Prism Group PLC, a robotics process automation company, for approximately £1.25 billion.

In November 2021, SS&C made a preliminary approach to acquire Blue Prism for 1,200 pence per Blue Prism share. But Blue Prism agreed to SS&C's revised all-cash takeover offer of 1,275 pence per share after private equity firm Vista Equity Partners Management LLC declined to up its bid for the company.

Following the acquisition, SS&C Blue Prism, the new brand, will run as a business unit.

Subsequent to the closing of the deal, Blue Prism's admission to trading on the London Stock Exchange's Alternative Investment Market will be canceled, effective from March 17.

RBC Europe Ltd. and Davis Polk & Wardwell London LLP represented SS&C on the transaction. Qatalyst Partners Ltd., Merrill Lynch International, Investec Bank PLC and CMS Cameron McKenna Nabarro Olswang LLP represented Blue Prism.