SunGard offers a range of services to help businesses achieve continuity and growth. Their solutions are designed to protect against disruptions and ensure that operations can continue smoothly.
One key area where SunGard excels is in disaster recovery. They provide a comprehensive disaster recovery service that helps businesses quickly recover from disasters, minimizing downtime and data loss.
SunGard's solutions are built on a foundation of robust technology and expertise. They use advanced tools and techniques to provide high levels of availability and reliability.
SunGard's services are tailored to meet the specific needs of each business. Whether it's a small startup or a large enterprise, they offer customized solutions that are designed to help businesses achieve their goals.
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Financial Transactions
SunGard was acquired by a consortium of seven private equity investment firms in a transaction valued at $11.3 billion.
The acquisition was a leveraged buyout that took place in 2005. SunGard was formerly listed on the NYSE with the ticker symbol SDS.
The partners in the acquisition included Silver Lake Partners, Bain Capital, Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners, and TPG Capital.
The transaction was a significant one, valued at $11.3 billion.
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Business Operations
SunGard had a global presence with offices in many parts of the world outside of the United States.
It had offices in Paris, South Africa, Tunis, Stockholm, and the United Kingdom.
SunGard provided software and processing services for various sectors, including financial services, K-12 and Higher Education, and the public sector.
Services
SunGard offers a range of services that support business operations, including IT production and recovery services. These services are designed to ensure that businesses can operate smoothly, even in the event of a disaster.
SunGard has a significant global presence, with offices in many parts of the world outside of the United States. This includes locations in Paris, South Africa, Tunis, Stockholm, and the United Kingdom.
SunGard's IT production and recovery services include infrastructure services, such as traditional colocation, which was enhanced with Megaport cloud connectivity in August and September 2020.
SunGard's cloud services are also a key part of its business operations, including public and private cloud services that leverage technologies from Dell Technologies, VMware, and Amazon Web Services.
De-Merger Activities
De-merger activities are a significant aspect of business operations, and SunGard is a prime example of how companies can undergo significant changes through de-mergers.
In December 2010, Capita Group plc acquired SunGard Public Sector Holdings Ltd for £86 million, renaming it Capita Secure Information Systems, which is now known as Capita Secure Managed Services.
SunGard's Higher Education group combined with Datatel in August 2011, with John Speer as CEO, and was acquired by affiliates of private equity firm Hellman & Friedman LLC for US$1.775 billion, forming the new company Ellucian.
The proposed combination cleared Department of Justice review on December 7, 2011, and was finalized in March 2012, alleviating SunGard's total debt of US$8.08 billion but resulting in a projected annual revenue shortage of $580 million.
SunGard completed the split-off of its Availability Services business in March 2014, forming the independent company Sungard AS, led by Andy Stern.
In 2015, SunGard was acquired by the FIS company, and in February 2017, Vista Equity Partners acquired SunGard's Public Sector and Education businesses from FIS, renaming and rebranding SunGard Public Sector as Superion by April 2017.
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Here's a summary of SunGard's de-merger activities:
Frequently Asked Questions
Does SunGard still exist?
SunGard no longer exists as a standalone company, but its legacy businesses have been rebranded under new entities, including Superion and PowerSchool. The SunGard name is now associated with these acquired companies.
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