M&A Deal Summary

Ceto Acquires VPCtec

On August 14, 2024, Ceto acquired business services company VPCtec

Acquisition Highlights
  • This is Ceto’s 1st transaction in the Business Services sector.
  • This is Ceto’s 1st transaction in the United States.
  • This is Ceto’s 1st transaction in New York.

M&A Deal Summary

Date 2024-08-14
Target VPCtec
Sector Business Services
Buyer(s) Ceto
Deal Type Add-on Acquisition

Target

VPCtec

Ballston, New York, United States
VPCtec provides consulting services to financial institutions with support in areas of Implementation Services, Merger & Acquisitions, Operational Efficiency Reviews, Service Management and Staff Augmentation. VPCtec was founded in 2019 and is based in Ballston, New York.

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Buyer(S) 1

Buyer

Ceto

Alpharetta, Georgia, United States

Category Company
Founded 1994
Sector Financial Services
DESCRIPTION

Ceto is a provider of data-driven insights for financial institutions. Ceto has forged enduring partnerships with over 2,000 regional and community banks and credit unions nationwide, igniting their profitability and growth. Ceto was founded in 1994 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1