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IndustryUpdate
the partners' shared goal of serving small and midsize PairSoft acquires APRO
financial institutions. Mark Vermeersch chief platform
officer of Treasury Prime, pointed out that the part- PairSoft, a provider of procure-to-pay software, acquired
nership enhances banking-as-a-service offerings and APRO Software Solutions, which is known for financial
expands Treasury Prime's bank network, aligning with automation tightly integrated with Oracle Financials.
its commitment to industry-leading solutions. This union forms a global platform serving 1,700+
organizations across various ERP systems, bolstering
ACQUISITIONS PairSoft's financial automation AI and global scale,
PairSoft stated, adding that APRO's 25-year expertise
in Oracle Financials automation, especially in B2B pay-
Accenture to acquire CLIMB ments and bank reconciliations, enhances its offerings.
APRO said it anticipates expanding its global presence
Accenture agreed to acquire Japan-based CLIMB, a tech and enhancing customer value through this acquisition
services provider specializing in system integration and by PairSoft.
IT infrastructure management. The move aims to bolster
global organizations' tech capabilities in Japan. CLIMB's Quisitive agrees to sell BankCard USA
expertise will fast-track application and infrastructure
modernization, particularly for financial institutions Quisitive Technology Solutions Inc., a Microsoft Cloud
and government bodies, Accenture stated, adding that and AI solutions provider, is selling its BankCard USA
its investment will empower local teams, fostering ICT Merchant Services Inc. unit to BUSA Acquisition Co.
industry growth. Accenture highlighted the importance Quisitive CEO Mike Reinhart highlighted the company's
of empowering regional talent for global impact, while focus on core Microsoft business for growth and share-
CLIMB, which employs 200 engineers skilled in cloud, holder value. The transaction, Quisitive emphasized,
security and application management, underscored a simplifies the company into a Microsoft-focused entity,
focus on employee happiness. reducing debt and projecting $16.4 million pro forma
Adjusted EBITDA. Growth plans for Quisitive include
expanding AI services and recurring revenue offerings.
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