Software Acquisitions in South Dakota

GTCR has acquired Innovative Systems, a mission-critical enterprise software provider for regional broadband providers, from Alpine Investors. GTCR is partnering with technology executive Scott Alcott, who joins as CEO, and plans to invest in the Company's OSS/BSS, payments and billing capabilities and pursue organic growth and M&A to expand the product suite.

Arcadea Group has acquired Complete Flight, a Part 135 operations software provider, and will merge it with Flight Vector to create an end-to-end leader in aeromedical, utilities and mission-critical aviation markets. The deal positions Arcadea’s aviation platform to offer comprehensive solutions spanning CAD, OCC, maintenance and dispatch while founder Bernie Berg moves to Chief Product Officer.

Alpine Investors has announced a strategic partnership and growth investment in Innovative Systems, a mission-critical enterprise software provider for independent telecommunications providers. The investment will fund product and operations expansion, support leadership transition with Alpine's CEO-in-Residence, and position Innovative Systems for broader market growth as U.S. rural broadband expands.