Two of the biggest stockholders in SS&C Technologies Holdings Inc. could gross $201.5 million from selling parts of their stakes in the Windsor financial-software and services vendor.
SS&C said Thursday it priced at $26 apiece a secondary offering of 7.75 million shares from investment funds affiliated with major stockholders SS&C founder and Chairman William C. Stone and The Carlyle Group.
Once the sale closes Tuesday, SS&C said Carlyle will beneficially own approximately 18.85 percent of SS&C’s outstanding common; Stone’s beneficial stake will shrink to about 20.49 percent.
SS&C said it isn’t selling shares in this round, nor will it receive any of the proceeds from the latest offering.
Barclays Capital Inc. is acting as the sole underwriter for the offering.
