Banyan Software Acquires Classter (Veritech S.A.)

Banyan Software has acquired Veritech S.A., which does business as Classter, a Greece-based provider of a modular, cloud-based student information system used by more than 500 organizations and 500,000 users worldwide. Banyan — a permanent-capital acquirer of niche enterprise software businesses — said the acquisition will support Classter’s growth while preserving its mission and product focus.