22nd Century Technologies Acquires TreasurySoft

22nd Century Technologies Acquires BT Federal

January 8, 2026

IT Services

22nd Century Technologies has acquired BT Federal, BT's U.S. government contracting subsidiary, from BT to form a new operating unit branded 22nd Century Networks. The deal expands 22nd Century's managed network and telecommunications capabilities nationwide to support U.S. federal missions; BT said the sale is part of a portfolio simplification and refocus on UK-centric operations. The transaction was cleared by the U.S. Federal Communications Commission.

Ripple Acquires GTreasury for $1 Billion

October 16, 2025

Cloud & SaaS

Ripple announced its $1 billion acquisition of GTreasury, described as the global leader in treasury management systems. The deal is intended to expand Ripple’s access to the multi-trillion-dollar corporate treasury market and combine GTreasury’s treasury/risk/compliance capabilities with Ripple’s digital-asset and payments infrastructure.

Treasury4 Acquires TreasuryGo to Expand Enterprise Treasury Management Capabilities

September 10, 2025

Software

Treasury4, a Spokane-based, data-first treasury platform, has acquired TreasuryGo, a Redmond-based treasury SaaS built by former Microsoft treasurers. The acquisition integrates TreasuryGo’s bank account management, workflow, and debt management capabilities into Treasury4’s platform and brings TreasuryGo co-founder George Zinn onto Treasury4 as Chief Strategy Officer to accelerate enterprise-grade offerings.

Trovata Acquires ATOM from Financial Sciences Corporation

July 29, 2025

Cloud & SaaS

Trovata acquired ATOM, the enterprise Treasury Management System developed by Financial Sciences Corporation, integrating full TMS capabilities into its cloud-native cash and liquidity platform. The company also announced a $9 million Series B extension led by strategic investors State Street and PNC to deepen bank partnerships and accelerate upmarket expansion.

Smart ERP Solutions (TCIA II) Acquires S2 IT Group

August 17, 2022

IT Services

Smart ERP Solutions, a holding of Third Century Investment Associates II, LP, has acquired S2 IT Group, LLC. The Alpharetta, Georgia-based Oracle-focused software consulting firm was sold in a deal that closed August 3, 2022; Generational Equity advised the seller.

PNC Bank Acquires Tempus Technologies, Inc.

January 27, 2021

Financial Services

PNC Bank N.A. reached a definitive agreement to acquire Tempus Technologies, Inc., a payment gateway and payments-processing solutions provider. The acquisition will expand PNC Treasury Management's payments capabilities by integrating Tempus' gateway, mobile apps and payment portals to support multiple payment rails.