Transworld Systems Inc. Acquires DebtNext

Transworld Systems Inc. Acquires EOS North America

December 16, 2021

Financial Services

Transworld Systems Inc. (TSI) has completed its acquisition of EOS North America, a first- and third-party collections agency serving government, financial services, healthcare, telecom and utility clients. The deal expands TSI's first-party collections and customer care capabilities, adds the AffordaPay buy-now-pay-later healthcare solution, and gives TSI a foothold in the Canadian market; terms were not disclosed.

Transworld Systems Inc. Acquires Account Control Technology Holdings, Inc.

July 4, 2021

Professional Services

Transworld Systems Inc. (TSI) completed its acquisition of Account Control Technology Holdings, Inc. (ACT Holdings), a debt recovery, accounts receivable management (ARM) and business process outsourcing firm. The deal expands TSI’s first-party collections, customer care capabilities and healthcare revenue cycle management services, strengthening its position as the largest ARM provider in the United States.

NextGen Healthcare Acquires TSI Healthcare

November 30, 2022

Healthcare Services

NextGen Healthcare, Inc. agreed to acquire TSI Healthcare, a Chapel Hill, North Carolina-based value-added reseller of NextGen practice management and EHR solutions. The deal includes $68 million in cash upfront plus up to $22 million in earnout, is effective November 30, 2022, and is expected to add approximately $10–12 million of revenue in the remaining four months of fiscal 2023 while expanding NextGen’s presence in specialty physician markets.

22nd Century Technologies Acquires TreasurySoft

August 13, 2024

Software

22nd Century Technologies (TSCTI) has acquired TreasurySoft, a specialist in PeopleSoft and Oracle Fusion ERP treasury management solutions, to strengthen its Oracle ERP and treasury management capabilities. The acquisition expands TSCTI's ERP offerings for federal, state, local and transit agencies and enhances its ability to deliver integrated treasury, cash and risk management solutions.

Trivest Partners Acquires D&S Global Solutions

March 29, 2022

Financial Services

Trivest Partners has acquired D&S Global Solutions, a technology-enabled invoice-to-cash and accounts-receivable management provider founded in 1997 and headquartered in Austin, Texas. The deal is an add-on to Trivest’s receivable management platform (alongside AG Adjustments / AGA) and is intended to expand geographic reach, service capabilities and technology-enabled order-to-cash offerings for enterprise B2B clients.

Cleo Acquires DataTrans Solutions

February 7, 2025

Cloud & SaaS

Cleo has acquired DataTrans Solutions (DTS), a cloud-based procurement automation and EDI solutions provider; terms were not disclosed. The acquisition integrates DTS’s procurement automation capabilities into the Cleo Integration Cloud to strengthen procurement orchestration, supplier onboarding, and working capital optimization.