GTCR and Stone Point Capital have successfully completed their acquisition of Ultimus Fund Solutions, enhancing its growth potential within the fund administration sector.

Information on the Target

Ultimus Fund Solutions ("Ultimus") is a premier independent provider of fund administration services tailored for investment advisers. The Company offers a diverse array of solutions, including fund accounting, middle office support, and investor services designed for the launching and servicing of registered funds, private funds, and public plans. Ultimus serves over 450 clients responsible for managing approximately $600 billion in assets across more than 2,100 funds. Notably, Ultimus is recognized for its innovative technology capabilities, highly automated processes, and unwavering commitment to delivering superior service and customized solutions.

Industry Overview in the Target’s Specific Country

In the United States, the asset management industry is experiencing significant growth and transformation driven by advancements in technology, changing regulatory environments, and increasing consumer demands for transparency and performance. As investment managers seek to differentiate themselves, there is a growing demand for innovative solutions that can streamline operations and enhance client satisfaction.

The fund administration sector plays a crucial role in this industry, as companies like Ultimus provide essential support to investment advisers through the administration of funds, compliance monitoring, and