M&A Deal Summary

Fintech Acquires STX Business Solutions

On July 6, 2021, Fintech acquired internet software and services company STX Business Solutions

Acquisition Highlights
  • This is Fintech’s 1st transaction in the Internet Software and Services sector.
  • This is Fintech’s 4th transaction in the United States.
  • This is Fintech’s 1st transaction in Arkansas.

M&A Deal Summary

Date 2021-07-06
Target STX Business Solutions
Sector Internet Software and Services
Buyer(s) Fintech
Deal Type Add-on Acquisition

Target

STX Business Solutions

Bentonville, Arkansas, United States
website
STX Business Solutions is a web-based data management platform for the CPG and retail industry built on Microsoft Power BI. STX Business Solutions is based in Bentonville, Arkansas.

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Buyer(S) 1

Buyer

Fintech

Tampa, Florida, United States

website


Category Company
Founded 1991
Sector Internet Software and Services
DESCRIPTION

Fintech is a provider of data, payment, and software solutions to the beverage alcohol industry. Fintech’s flagship product, OneSource, provides the beverage alcohol industry. OneSource connects alcohol distributors with retailers and replaces cash, check, and money orders, reducing errors and saving customers time and money. Fintech was founded in 1991 and is based in Tampa, Florida.


DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Arkansas) 1 of 1
Country (United States) 4 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 Aperity

Louisville, Kentucky, United States

Aperity, Inc. is a data management and analytic solutions provider transforming how data is shared. Aperity Data Exchange offers first open community-centric data solution that accelerates the exchange of data and facilitates improved business insights between supply chain partners. Aperity was founded in 2005 and is based in Louisville, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-13 iControl Data Solutions

Rockville, Maryland, United States

iControl Data Solutions is a provider of process improvement, payment settlement, and collaborative business intelligence solutions for the food, drug and convenience value chain. iControl Data Solutions was founded in 2005 and is based in Rockville, Maryland.

Buy -