Banyan Software Acquires CFS Solutions

Banyan Software Acquires Berkeley Myles Solutions Ltd.

June 9, 2025

Software

Banyan Software has acquired Berkeley Myles Solutions Ltd., a Glasgow-based provider of material requirements planning (MRP) software. The deal expands Banyan's UK software portfolio and provides Berkeley Myles with permanent-capital backing to accelerate product innovation while maintaining customer service.

Banyan Software Acquires Agile Fleet

June 5, 2025

Software

Banyan Software has acquired Agile Fleet, a founder-led provider of fleet management software and services. Progress Partners served as exclusive financial advisor to Agile Fleet on the strategic sale, which Banyan says will support continued growth of Agile Fleet’s vertical SaaS offerings under long-term ownership.

Automated Systems (ASI) Acquires American Bank Systems (ABS) with Support from Banyan Software

January 10, 2025

Software

Automated Systems, Inc. (ASI) has acquired American Bank Systems (ABS), a provider of loan origination and compliance-focused software for U.S. community banks. The transaction was completed with support from Banyan Software and will integrate ABS's CoPilot and BankManager products into ASI's core banking platform as part of Banyan's Financial Institutions Group to expand ASI's capability set for community banks.

Banyan Software Acquires Gemini Shale Solutions

December 16, 2024

Software

Banyan Software has acquired Gemini Shale Solutions, a provider of water-management metering hardware and digital ticketing software for the oil & gas sector. The acquisition brings Gemini's real-time on-truck monitoring, GPS verification and automated ticketing capabilities into Banyan's portfolio of niche enterprise software businesses to accelerate growth and expand Banyan's energy-focused software offerings.

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 Next Chapter Technology

July 14, 2021

Software

Banyan Software acquired Next Chapter Technology, a Minnesota-based provider of CaseWorks electronic document and forms management software for county Health and Human Services departments. Cherry Tree advised the shareholders on the 100% sale; Banyan intends to invest in and grow Next Chapter's product and expand its reach beyond Minnesota.