SMA Technologies Acquires Encapture

November 7, 2024

SMA Technologies has acquired Encapture, an intelligent document processing (IDP) and image lifecycle management platform, to expand its OpCon automation capabilities for banks, credit unions and other financial institutions. The deal adds machine learning‑driven OCR, document verification, and loan origination/compliance capabilities to SMA's workflow and orchestration offering, enabling deeper front- and back‑office automation for financial customers.

Buyers
SMA Technologies
Targets
Encapture
Industry
Cloud & SaaS
Location
Texas, United States
Transaction Type
Buyout

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