IDS Acquires William Stucky and Associates

Acquisitions

Summary

The combination of the two companies creates a cloud-based technology platform providing secured finance solutions to customers and financial firms globally. Expanding our solution portfolio will help our customers deliver a more holistic set of working capital and equipment financing solutions to their customers.” As global markets recover from the COVID-19 pandemic and companies begin to invest in growth and expansion initiatives, they will look to their financial services partners to provide a range of working capital solutions that best fit their credit needs and business strategies. The expanded IDScloud solution portfolio will encompass: “WSA’s focus has been on consistently helping customers grow through the use of technology solutions that make their business life easier and more secure,” William Stucky, founder and CEO of William Stucky and Associates, said. “IDS’ complementary portfolio and strong technology focus make it a perfect home for the Stucky ABL and factoring solutions. Together, through the combination of software and services, customers will continue to receive the industry leading support and technology required to grow in the evolving market landscape.” IDS has invested in building a software-as-a-service (SaaS) platform to serve the equipment finance industry’s needs.

Classifications

industries
Fintech & Banking
applications
Data Management

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Linked Companies

IDS
$1M to $5M