M&A Deal Summary

Woodforest National Bank Acquires Zelus Automation Platform

On April 7, 2025, Woodforest National Bank acquired information technology company Zelus Automation Platform

Acquisition Highlights

This is Woodforest National Bank’s 1st transaction in the Information Technology sector.
This is Woodforest National Bank’s 1st transaction in the United States.
This is Woodforest National Bank’s 1st transaction in Texas.

M&A Deal Summary
Date	2025-04-07
Target	Zelus Automation Platform
Sector	Information Technology
Buyer(s)	Woodforest National Bank
Deal Type	Add-on Acquisition

Target

Zelus Automation Platform

Houston, Texas, United States

Zelus Automation Platform technology firm specializing in innovative software solutions for the banking industry. The firm's flagship solution, SNAP (Simple New Account Platform), is an end-to-end, real-time system designed to streamline the account opening process for financial institutions. SNAP integrates directly with a bank's core operating system, automating workflows to reduce data entry, ensure process consistency, minimize errors, and shorten customer waiting and staff training times. Zelus Automation Platform is based in Houston, Texas.

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