Davis Polk advised SS&C Technologies Holdings, Inc. on its acquisition of Captricity. Financial terms of the transaction were not disclosed.
SS&C is a global provider of services and software for the financial services and healthcare industries. The Oakland, California-based Captricity offers an enterprise-grade machine learning solution that enables fast, scalable and highly accurate extraction of handwritten and machine-printed data from paper documents.
The Davis Polk corporate team included partner Leonard Kreynin and associates Molly I. Manning, Erin E. Brinig and Wendy Li. Partner Michael Mollerus provided tax advice. Partner Frank J. Azzopardi and associate Samantha Lefland provided intellectual property advice. Counsel David Mollo-Christensen provided executive compensation advice. All members of the Davis Polk team are based in the New York office.