YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Jack Henry, a financial technology provider, will cross-sell USBA’s margin-advisory services and its loan-pricing and deposit-pricing software under Jack Henry’s ProfitStars brand. Terms of the transaction were not disclosed.
“USBA marks our 15th focused diversification acquisition and the third acquisition of a company that provides distinct profitability solutions,” said Jack Henry Chief Financial Officer Kevin Williams in a news release. “We welcome the addition of USBA’s solutions to our offering and are excited about the sales and cross-sales opportunities.”
Officials expect the USBA acquisition to contribute between $4 million and $6 million in gross revenue for the remainder of fiscal 2007.
This story originally appeared in SBJ’s Nov. 7 free e-news Daily Update. Click here to register.
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