General Atlantic Makes Strategic Investment in Financial Information Technologies (Fintech)

General Atlantic Makes Minority Investment in Partners Capital Investment Group

February 8, 2024

Financial Services

General Atlantic has acquired a minority stake in Partners Capital Investment Group by purchasing equity from longstanding external shareholders and some founding-generation partners. The transaction will increase ownership by the current leadership to retain senior talent while enabling Partners Capital to leverage General Atlantic's global network and capabilities to deepen investment and technology capabilities.

Financial Information Technologies (Fintech) Acquires Aperity

January 20, 2021

Data & Analytics

Financial Information Technologies (Fintech), a provider of technology solutions for the beverage alcohol industry, has acquired Aperity, a data management and analytics provider and operator of the Beverage Data Exchange. The acquisition expands Fintech’s InfoSource data platform by adding Aperity’s supply‑chain connectors, integration technology and machine‑learning analytics to deliver broader data insights across distributors, retailers, e‑commerce and syndicators.

Fintech Acquires iControl Systems USA, LLC Assets

March 13, 2024

Payments & Fintech

Financial Information Technologies, LLC (Fintech) completed an asset acquisition of iControl Systems USA, LLC (iControl), adding iControl’s alcohol invoice payments and scan-based trading technology to Fintech’s PaymentSource platform. The deal, which closed in December 2023, expands Fintech’s retail product portfolio and broadens PaymentSource capabilities beyond alcohol to additional retail categories.

Chess.com Receives Growth Investment from General Atlantic

January 14, 2022

Media & Entertainment

General Atlantic has made a significant growth equity investment in Chess.com, one of the world’s largest online chess platforms; terms were not disclosed. The capital will support Chess.com’s international expansion, product development, and community growth — the company reports roughly 75 million registered users and about 300 full-time team members.

Fintech Acquires Armadillo Insight, LLC

April 28, 2020

Data & Analytics

Financial Information Technologies, LLC (Fintech) acquired Armadillo Insight, LLC, a Washington-based data analytics firm that transforms craft beer data into sales and marketing intelligence. The deal integrates Armadillo’s depletion and competitive-scan data into Fintech’s beverage-alcohol platform to expand analytics and CRM capabilities for suppliers and accelerate product placement across chain retailers.

TA Associates Makes Majority Growth Investment in FinQuery

October 2, 2025

Cloud & SaaS

TA Associates has made a majority growth investment in FinQuery (formerly LeaseQuery), with members of FinQuery’s leadership team co-investing alongside TA. The capital will support product innovation, capability expansion of FinQuery’s AI-powered subledger and accounting automation platform, and strategic growth initiatives including potential acquisitions; financial terms were not disclosed.