Aquila Software Acquires Financial Risk Solutions (FRS)

Choice Financial Group Acquires Corporate Risk Solutions

July 8, 2025

Insurance

Choice Financial Group, a PE-backed insurance and financial services platform, has acquired Corporate Risk Solutions (CRS), a Southington, Connecticut-based risk management and insurance advisory firm. The deal — Choice's 30th acquisition — expands the platform's specialized capabilities in transactional risk, audit and analytics, litigation support, and operational risk advisory.

Abrigo Acquires Integrated Financial Solutions (IFSLeaseWorks)

January 23, 2025

Software

Abrigo, a provider of compliance, credit risk and lending software for financial institutions, acquired Integrated Financial Solutions (IFS), the maker of IFSLeaseWorks, a cloud-based lease and loan origination and administration platform. The acquisition expands Abrigo’s loan origination and asset-management capabilities—adding equipment and vehicular financing functionality to its product suite and enabling broader automation for banks and leasing companies.

Risk Strategies Acquires Aquarius Capital Solutions Group

October 26, 2022

Insurance

Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Aquarius Capital Solutions Group, an actuarial consulting firm based in Port Chester, New York. The acquisition expands Risk Strategies' actuarial and employee/retirement benefits capabilities; terms were not disclosed.

LPL Financial Acquires Financial Resources Group Investment Services

November 3, 2022

Financial Services

LPL Financial Holdings Inc. entered into a definitive agreement to acquire Financial Resources Group Investment Services (FRGIS) in an equity purchase that included $140 million paid at closing plus additional earn-outs. FRGIS — a Fort Mill, South Carolina-based advisor and financial institution support business serving roughly $40 billion in assets across ~800 advisors and 85 financial institutions — will continue to operate independently and retain its brand and leadership following the transaction.

Aquila Acquires Infinity Enterprise Lending Systems

September 9, 2021

Software

Aquila, a division of Constellation Software Inc., has completed the acquisition of Infinity Enterprise Lending Systems (Infinity Software), a provider of loan management systems for alternative credit lenders. Infinity will operate as an independent business unit within Aquila, with the Leyva family transitioning ownership and Aquila providing permanent capital and operational support.

Business Integra Technology Solutions Acquires Aquila Technology from Zensar

April 2, 2021

IT Services

Business Integra Technology Solutions has acquired Aquila Technology Corp., a wholly owned subsidiary of Zensar Technologies Inc., strengthening Business Integra’s capabilities and presence in the U.S. national security and government IT market. The deal, announced April 2, 2021, was advised by FOCUS Investment Banking and transfers Aquila’s government-focused IT and engineering services to Business Integra.