Aliter Holding / Aliter Technologies Acquires Controlling Interest in 3C Information Solutions (3CIS)

i3 Verticals Acquires Business Information Systems (BIS)

February 5, 2021

Payments & Fintech

i3 Verticals, Inc. (Nasdaq: IIIV) acquired substantially all of the assets of Business Information Systems, GP and Business Information Systems, Inc. (BIS), a provider of software and electronic payment solutions serving state and local governments. The aggregate purchase price was approximately $87.7 million ( $52.5M cash and $35.2M Class A common stock) plus up to $16.0 million of contingent consideration; approximately 150 BIS employees joined i3 Verticals.

Aliter Capital Acquires ITM Communications

January 10, 2023

IT Services

Aliter Capital LLP has completed an investment in ITM Communications Ltd, a Milton Keynes–based network connectivity and IT managed services provider, establishing ITM as a new platform for Aliter's Fund II. The ITM management team will remain in place; the company employs around 85 people and Aliter intends to support organic growth and pursue bolt-on acquisitions to scale ITM nationally.

F2 Strategy Acquires Aliter Investment Services

July 13, 2025

Financial Services

F2 Strategy, a Chicago-based wealth management technology and marketing services firm, has acquired Aliter Investment Services, a Boston-based professional services firm specializing in operations and technology transformation for investment managers and asset servicing providers. The acquisition establishes asset servicing as F2's third core vertical, expanding the firm's capabilities across pooled investment servicing and enhancing its strategic consulting and delivery across the financial services ecosystem.

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.

Arcadea Group Invests in Computer Information Systems (CIS)

January 23, 2025

Software

Arcadea Group has made a growth investment in Computer Information Systems (CIS), a Highland Park, Illinois–based provider of public safety software (CAD, RMS, JMS). The investment will support CIS's North American growth and product development while CEO Michael Yefsky remains in place and retains ownership.

Atlantic Street Capital Recapitalizes ACIS (Air Conditioning Innovative Solutions)

December 22, 2021

HVAC & Mechanical

Atlantic Street Capital completed a majority recapitalization to acquire a controlling stake in ACIS (Air Conditioning Innovative Solutions), a leading commercial facility services and HVAC provider in Texas. Caltius Equity Partners, ACIS' prior institutional investor, will remain an investor and on the board while Atlantic Street will support growth initiatives including salesforce investment, data-driven operations, geographic expansion and add-on M&A.