M&A Deal Summary

UFS Tech Acquires Safe Systems

On August 12, 2024, UFS Tech acquired information technology company Safe Systems

Acquisition Highlights
  • This is UFS Tech’s 1st transaction in the Information Technology sector.
  • This is UFS Tech’s 1st transaction in the United States.
  • This is UFS Tech’s 1st transaction in Georgia.

M&A Deal Summary
Date 2024-08-12
Target Safe Systems
Sector Information Technology
Buyer(s) UFS Tech
Deal Type Add-on Acquisition

Target

Safe Systems

Alpharetta, Georgia, United States
Safe Systems is a provider of fully-compliant IT and security services for approximately 260 financial institutions. Safe Systems was formed in 1993 and is headquartered in Alpharetta, Georgia.

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Buyer(S) 1

Buyer

UFS Tech

Grafton, Wisconsin, United States
Category Company
Founded 1991
Sector Information Technology
DESCRIPTION

UFS Tech is a technology outfitter for community banks. UFS empowers community banks to thrive through exceptional industry expertise and experience, and through a best-of-breed comprehensive portfolio that includes core banking applications, cybersecurity as a service, managed IT services, private cloud, vulnerability management, advisory services and hardware and infrastructure support services. UFS Tech was formed in 1991 and is headquartered in Grafton, Wisconsin.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

Legal