Banyan Software Acquires Next Chapter Technology

Banyan Software Acquires Northwoods Consulting Partners, Inc.

December 9, 2025

Cloud & SaaS

Banyan Software has acquired Northwoods Consulting Partners, Inc., a provider of cloud-native software (Traverse) and services for state and county Health & Human Services agencies. The acquisition expands Banyan's public sector capabilities and will support further investments in Traverse, automation, and AI tools for frontline caseworkers.

Banyan Software Acquires Hancock Software Inc.

March 12, 2025

Software

Banyan Software, a permanent-capital acquirer of enterprise software businesses, has acquired Hancock Software Inc., a provider of energy program management software used by utilities, state governments, and community action agencies. The acquisition will support Hancock's product innovation and scaling efforts for Hancock Cloud and Hancock MINT to better serve energy-efficiency programs and government customers.

Banyan Software Acquires Millennium Computer Systems

August 17, 2021

Software

Banyan Software, a permanent-capital acquirer of niche enterprise software businesses, has acquired Millennium Computer Systems, the Victoria, British Columbia–based developer of FAST, a suite of finance, HR and student reporting tools for higher-education administrators. Banyan says it will continue to invest in Millennium’s products and operations to support continued development and service for higher-education clients.

Banyan Software Acquires Eclipse EHR Solutions

June 26, 2025

Software

Banyan Software has acquired Eclipse EHR Solutions, a provider of electronic health records and practice management software for chiropractors, physical therapists, and other allied health providers. The founders will remain involved with product development as Eclipse joins Banyan's healthcare software portfolio to accelerate innovation and support a move to a cloud-based platform.

Banyan Software Acquires HealthRx Corporation

June 15, 2021

Software

Banyan Software, a permanent-capital enterprise software acquirer, has purchased HealthRx Corporation, a Fairfax, Virginia–based provider of research workflow, lab safety and occupational health management software (the Nexus platform). The acquisition brings HealthRx's specialized compliance and medical surveillance capabilities into Banyan's portfolio to support continued investment and product growth in the biomedical research and government health markets.

Banyan Software Acquires Medtech Global

February 19, 2025

Software

Banyan Software has acquired 100% of Medtech Global, a New Zealand–headquartered provider of practice management and health technology solutions including Medtech Evolution, Artia, Medeor and ALEX. The seller parties were Advent Partners and Geoffrey Sayer (Medtech CEO), who will remain as CEO under Banyan's ownership; the deal strengthens Banyan's healthcare software footprint across Australia and New Zealand.