Arcadea Group Invests in Computer Information Systems (CIS)

Arcadea Group Acquires Agdata Holdings (including Phoenix)

April 8, 2025

Software

Arcadea Group, a permanent-cap investor in vertical software businesses, has acquired Agdata Holdings — the family-owned Australian firm behind the Phoenix farm management software — adding it to Arcadea's AgTech portfolio. Arcadea said it will support accelerated product development and deeper market penetration for Phoenix across the Australian agricultural sector.

Arcadea Group Takes Majority Stake in Flight Vector

August 16, 2023

Cloud & SaaS

Arcadea Group, a long-hold, growth-oriented SaaS investor, has made a majority strategic growth investment in Flight Vector, a provider of dispatch, fleet and operations software for air and ground transport customers. The deal will support accelerated product development, expanded services and international growth while Flight Vector’s founder and CEO, Scot Cromer, remains in place with a meaningful equity stake.

Arcadea Group Invests $20M Growth Equity in AvSight

January 11, 2023

Cloud & SaaS

Arcadea Group completed a $20 million strategic growth equity investment in AvSight, a Boone, North Carolina–based cloud-native ERP provider for the aviation MRO, parts, and leasing markets. The founders and key leadership retain significant equity, Anacostia Ventures realized part of its investment, and proceeds will accelerate AvSight's product roadmap and expand services, delivery, and customer support; CriticalPoint served as AvSight's financial advisor.

HKW Acquires CIS Secure Computing; Riverside Makes Minority Investment

April 20, 2021

Cybersecurity

HKW, a middle-market private equity firm, has acquired CIS Secure Computing from Acorn Growth Companies. The Riverside Company’s Riverside Strategic Capital Fund partnered with HKW as a minority investor to support CIS’s product and software expansion and pursue strategic add-on acquisitions; CIS is headquartered in Ashburn, Virginia and provides secure endpoint communications solutions to government and security-conscious customers.

Custom Information Services Merges With Reporting-Central

October 19, 2021

Software

Custom Information Services (CIS), a 30-year Microsoft Dynamics GP and managed services partner based in Arlington, Texas, has merged with Reporting-Central, an ISV developer of Dynamics GP reporting and data integrity tools headquartered in Ottawa, Ontario. The transaction—facilitated by IT ExchangeNet—adds Reporting-Central's proprietary tools (The Closer, The Corrector) to CIS's ERP product and service offerings to enhance support for the Dynamics GP user base.

Versaterm Acquires Integrated Computer Systems (ICS)

April 11, 2024

Software

Versaterm, a global public safety solutions provider based in Ottawa, has acquired McKinney, Texas–based Integrated Computer Systems (ICS), maker of the Athena Public Safety Suite (CAD, ICC, RMS, MDC). The acquisition expands Versaterm's CAD and RMS product portfolio and strengthens its public safety ecosystem to serve agencies of all sizes.