M&A Deal Summary

SMA Technologies Acquires Sycorr

On August 25, 2025, SMA Technologies acquired software company Sycorr

Acquisition Highlights
  • This is SMA Technologies’ 3rd transaction in the Software sector.
  • This is SMA Technologies’ 2nd transaction in the United States.
  • This is SMA Technologies’ 1st transaction in North Dakota.

M&A Deal Summary

Date 2025-08-25
Target Sycorr
Sector Software
Buyer(s) SMA Technologies
Deal Type Add-on Acquisition

Target

Sycorr

Fargo, North Dakota, United States
Sycorr is a provider of identity and access management software that helps banks and credit unions automate user provisioning, conduct access reviews, and maintain regulatory compliance with less manual effort. Sycorr is based in Fargo, North Dakota.

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Buyer(S) 1

Buyer

SMA Technologies

Kingwood, Texas, United States

Category Company
Founded 1980
Sector Software
DESCRIPTION

SMA Technologies is a provider of workload automation software for clients, automating essential processes across core software systems and applications including ERP, transaction processing, IT service management, and human resource management. The need for workload automation continues to increase as IT environments become more complex with heterogeneity. SMA Technologies was founded in 1980 and is based in Kingwood, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: North Dakota M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-07 Encapture

Dallas, Texas, United States

Encapture is a machine learning platform that accelerates funding times, improves loan margins and reduces regulatory risk for banks, credit unions and fintech lenders. Encapture was founded in 1998 and is based in Dallas, Texas.

Buy -