Raisin Acquires Choice Financial Solutions

Choice Financial Group Acquires Corporate Risk Solutions

July 8, 2025

Insurance

Choice Financial Group, a PE-backed insurance and financial services platform, has acquired Corporate Risk Solutions (CRS), a Southington, Connecticut-based risk management and insurance advisory firm. The deal — Choice's 30th acquisition — expands the platform's specialized capabilities in transactional risk, audit and analytics, litigation support, and operational risk advisory.

Nexa Equity Acquires Choice; Choice Acquires Direct Payment Consultants

April 26, 2022

Payments & Fintech

Nexa Equity has acquired a majority stake in Choice Inc., a San Francisco-based omnichannel payments platform. Concurrently, Choice acquired Pennsylvania-based Direct Payment Consultants to expand its merchant-facing capabilities, bringing the combined platform to more than $3 billion in annual payments volume across 7,000+ customers in the United States and Canada.

Choice Financial Group Acquires R. Stephens Financial, Inc.

August 23, 2022

Insurance

Choice Financial Group, a PE-backed insurance agency, has acquired New Jersey-based employee benefits consultancy R. Stephens Financial, Inc. The deal is an add-on to Choice's platform as it expands its footprint in New Jersey and strengthens its employee benefits and insurance brokerage capabilities; founder Richard Yuran will continue to lead the business.

Banyan Software Acquires CFS Solutions

July 25, 2025

Software

Banyan Software has acquired CFS Solutions, a Tallahassee-based provider of deposit automation and check imaging software for ATMs and ITMs that serves over 500 community banks and credit unions. The acquisition expands Banyan's financial services software portfolio and will enable additional investment in CFS's product integrations and customer support.

Northlane Capital Partners Invests in Choice Financial Group

November 2, 2021

Insurance

Northlane Capital Partners (NCP) has made an investment in Choice Financial Group, a Virginia Beach–based insurance agency, partnering with founder and president Richard Braun. The capital will support Choice’s acquisition-driven growth strategy and add operating resources (including the addition of industry executive Bob Hilb); Madison Capital Funding provided debt financing for the transaction.

ChoiceOne Financial Services Acquires Fentura Financial

March 3, 2025

Financial Services

ChoiceOne Financial Services, Inc. completed the merger of Fentura Financial, Inc. into ChoiceOne effective March 1, 2025, creating a bank holding company with assets exceeding $4 billion and a combined network of 56 offices across Michigan. The combined organization will be headquartered in Sparta, Michigan and expands ChoiceOne's presence into Central and Southeastern Michigan to enhance commercial and consumer lending capabilities and digital and branch banking services.