SS&C has entered into a definitive agreement to acquire Hubwise Holdings Limited, a regulated U.K. B2B investment platform serving advisors, discretionary wealth managers and self-directed digital D2C propositions. Under the terms of the agreement, approved by the shareholders of Hubwise, SS&C will purchase Hubwise in an all-cash transaction. The acquisition adds 58 employees serving 51 customers in the U.K. The transaction is expected to close in 2022, subject to customary closing conditions, including regulatory approvals.
