Atlanta-based fintech startup Gro Solutions, which helps small and mid-sized banks and credit unions improve customer acquisition with a digital sales platform, has been acquired by a public financial software company, Q2 Holdings. All of Gro’s employees will remain on the team and the Atlanta office will become an outpost of Austin-based Q2’s operations. The […]
Atlanta-based virtual workspace solutions company FSLogix has been acquired by Microsoft for an undisclosed amount. The software giant will enhance their recently-launched Microsoft Windows Virtual Desktop solution by integrating the five-year-old startup’s technology. “From the beginning, in working closely with several teams at Microsoft, we recognized that our missions were completely aligned,” CTO Randy Cook wrote in […]
Atlanta fintech enterprise Purchasing Power has acquired startup DoubleNet Pay, also based in Atlanta, to add to its employer program offerings. The acquired technology will help employees of Purchasing Power client companies set up savings goals and debt and bill payment strategies through their payroll deduction. “This investment enables us to take a significant next […]
Payments technology company Global Payments has announced their intent to acquire end-to-end SaaS platform for quick service restaurants SICOM Systems in a $415 million cash transaction. The acquisition is expected to close in Q4. “The acquisition of SICOM aligns perfectly with our software-driven payments strategy and establishes Global Payments as a leader in one of the largest […]
After 11 years of growth, receipt scanning firm Shoeboxed has been acquired by mail digitizing company Earth Class Mail for an undisclosed amount. “We spoke with a number of potential strategic partners in the space; and Earth Class Mail really made the most sense — a great overlap in services, customer base, and a really good […]