Financial Information Technologies (Fintech) Acquires Aperity

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.

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

August 1, 2023

Payments & Fintech

General Atlantic has made a strategic growth equity investment in Financial Information Technologies, LLC (Fintech), joining existing investor TA Associates. The capital will support Fintech's product innovation, expansion of its payments and data platform for the beverage alcohol industry, and pursuit of M&A initiatives.

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.

Aptean Acquires Logility for $14.30 per Share

January 24, 2025

Cloud & SaaS

Aptean, a global provider of industry-specific enterprise software backed by private equity investors, has agreed to acquire Logility Supply Chain Solutions, Inc. for $14.30 per share in an all-cash transaction. The acquisition brings Logility's AI-first supply chain planning capabilities into Aptean's portfolio to create an end-to-end, AI-driven planning offering and is expected to close in Q2 2025 (consummated April 4, 2025).

AArete Acquires Technology Consulting Firm Legerity

February 7, 2024

IT Services

AArete, a global management and technology consulting firm based in Chicago, has acquired Legerity, a Norfolk, Virginia-based technology consulting firm and Pega-authorized partner. The acquisition expands AArete's technology and digital capabilities—particularly in healthcare payer administration systems—and will integrate Legerity's team and services under the AArete brand.

IBM Acquires Apptio Inc.

June 26, 2023

Cloud & SaaS

IBM has acquired Apptio Inc. from Vista Equity Partners for $4.6 billion, adding Apptio's FinOps and cloud cost-management SaaS capabilities to IBM's IT automation and watsonx AI portfolio. The deal is intended to create a 360-degree technology business management platform, drive synergies across IBM's automation, Red Hat and consulting businesses, and augment IBM's AI/data capabilities with Apptio's anonymized IT spend data.