United Fintech Acquires Cobalt

United Fintech Acquires Trade Ledger

November 5, 2025

Cloud & SaaS

United Fintech, a London-based digital transformation group for financial institutions, has acquired 100% of Trade Ledger, an AI-native lending platform, in an all-share transaction. Trade Ledger will retain its leadership and brand while becoming part of United Fintech’s Commercial Banking division to accelerate AI-driven lending and commercial banking automation.

FactSet Acquires Cobalt Software, Inc.

October 12, 2021

Software

FactSet acquired Cobalt Software, a portfolio monitoring platform for the private capital industry, to expand its private markets offering and enhance PE/VC workflow solutions. The acquisition closed on October 12, 2021 and integrates Cobalt's portfolio monitoring, cash flow analytics, and benchmarking capabilities into FactSet's data and analytics ecosystem.

Fortra Acquires Cobalt Strike from Strategic Cyber LLC

March 4, 2020

Cybersecurity

Fortra (formerly HelpSystems) has acquired Cobalt Strike, the penetration-testing/threat-emulation product developed by Strategic Cyber LLC. The deal folds Cobalt Strike into Fortra’s Core Security business to expand its infrastructure-protection and red-team/pen-testing capabilities while retaining Cobalt Strike creator Raphael Mudge in a strategic role.

Momentive Software Acquires Cobalt

May 27, 2025

Software

Momentive Software, a cloud-based software provider for mission-driven organizations, has acquired Cobalt, a provider of association and certification management software built on Microsoft Dynamics 365. The deal expands Momentive’s association management system (AMS) and certification capabilities to better serve nonprofits, associations and credentialing organizations; terms were not disclosed.

United Fintech Acquires 25% Stake in Athena Systems

January 12, 2022

Software

United Fintech has acquired a 25% stake in US-founded Athena Systems as the first step in a multi-stage buy-up that will see United Fintech acquire an additional 26% in two years and the remaining 49% in three years. The deal brings Athena's Portfolio Order Management System (Athena Spark) onto United Fintech's platform to scale globally and expand the group's asset-management product offering for banks, asset managers and hedge funds.

Volaris Group Acquires Fintilect (UK arm)

October 20, 2025

Cloud & SaaS

Volaris Group has acquired the UK arm of Fintilect, a provider of modular, cloud-hosted front-end digital banking platforms. The acquisition brings Fintilect into Volaris' UK portfolio to strengthen Volaris' financial-services technology capabilities and support the company's continued growth under Volaris' operating model.