May 1, 2025
WEST PALM BEACH, Fla. /PRNewswire/ — Siris (together with its affiliates, “Siris”), a leading private equity firm focused on control investments in mission-critical services businesses, today announced the transaction described above. The businesses provide essential services to UK pension schemes, financial institutions and corporate clients.
The transaction follows Siris’s previously announced agreement, under which Siris retained the option to acquire these businesses. It is expected to be completed in parallel with the closing of the previously announced sale, subject to customary closing conditions and required regulatory approvals.
Under renewed and dedicated Siris ownership, the businesses will further accelerate investment in technology, including AI-enabled administration capabilities, onboarding capacity and enhanced member experience, while maintaining continuity of service for clients.
About Siris
Siris is a leading private equity firm focused on control investments in mission-critical services businesses. Based in West Palm Beach, Florida, Siris has deployed more than $9 billion of equity capital since inception. www.siris.com.
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