Muncie-Based Investment Group Announces Deal to Acquire Boyce Systems —

▤ Summary

The investment group is led by three former Ontario Systems executives, Jason Harrington, Casey Stanley, and Jay Moorman, who will assume the roles of CEO, President, and Chief Customer Officer, respectively. The deal adds substantial experience and capacity at a time Boyce is poised to accelerate its growth, having invested and launched several new software products to its key markets in the past few years. “They are in large stable markets with significant white space and organic growth upside, have a proven product line with outstanding brands and market positions, and a talented team with deep domain expertise and a high customer service culture.” Boyce Systems is a leading provider of financial software and forms that streamline processes, improve accuracy, and increase transparency for over 1,200 municipalities, schools, libraries, and utilities. They serve more than 1,200 government entities, school systems, and libraries in the state of Indiana and have earned a reputation for doing good for their employees and the communities where they live, work, and play. It’s a privilege to empower these public organizations as they serve the people of the state of Indiana.” Boyce Systems is a leading provider of financial software and forms that streamline processes, improve accuracy, and increase transparency for over 1,200 municipalities, schools, libraries, and utilities.

▦ Linked Companies

Boyce Systems

$1M to $5M