Aztec Software Acquires Financial Fitness Group

NexPhase-Backed Aztec Software Acquires iGrad

October 4, 2022

Education

NexPhase Capital-backed Aztec Software has acquired iGrad, a San Diego-based web-based financial literacy and financial wellness platform. iGrad will operate as a wholly owned subsidiary led by its current CEO and expand Aztec’s suite of adult-education and workforce-training solutions by adding AI-powered financial wellness, serving colleges, employers and financial institutions. The deal is an add-on acquisition to bolster Aztec’s product capabilities in financial wellness and loan-management education.

NexPhase Capital Invests in Aztec Software

April 26, 2022

Education

NexPhase Capital has made an investment in Aztec Software, an educational software company serving adult learners and workforce training markets. The capital will support Aztec's growth, expansion into adjacent markets and channels, and execution of its acquisition pipeline; NexPhase partners will join the company's board while Jonathan Blitt remains CEO. Terms were not disclosed.

Evergreen Financial Technology Group Acquires Infonancial Solutions

October 19, 2023

Software

Evergreen Financial Technology Group (EFTG), a collection of software and service businesses serving credit unions and other financial institutions, has acquired Infonancial Solutions, a Canadian provider of core processing software for credit unions, banks and trusts. Infonancial will continue operating under its current management with former owner Alex Plotkin remaining as an advisor while Tucker Sholtes is appointed CEO as EFTG integrates the business into its fintech portfolio.

Financial Gravity Acquires Forta Financial Group

May 21, 2020

Financial Services

Financial Gravity Companies, Inc. (OTCQB: FGCO) received FINRA approval to acquire Forta Financial Group, Inc., a dually registered broker‑dealer and registered investment advisor headquartered in Greenwood Village, Colorado. The acquisition gives Financial Gravity broker‑dealer and RIA capabilities to support advisor practice management, marketing/leads, and financial innovation as it pursues expansion under its public parent structure.

GLASfunds Acquires Fund Formation Group

September 7, 2023

Wealth Management

GLASfunds, a turnkey alternative investment platform based in Cleveland, has acquired Fund Formation Group, a Texas-based firm that launches and operates fund structures for RIAs and wealth advisors. As part of the deal, FFG founder Thomas Haynes will join GLASfunds as Director of Business Development and GLASfunds will service FFG clients while expanding its presence in the Dallas area.

CentSai Inc. Acquires The Daily FinQ

April 13, 2022

Education

CentSai Inc., a New York–based financial education platform, has acquired TDFQ Inc., the maker of The Daily FinQ mobile financial-literacy app. The acquisition brings gamified trivia and mobile engagement capabilities to CentSai's content and learning offerings; founder Bill Ullman will remain involved as an investor and strategic advisor.