UFS, a Grafton, WI-based technology outfitter for community banks, acquired Safe Systems, a provider of IT and security services.
The amount of the deal was not disclosed.
With this acquisition, the Safe Systems community will have access to the full array of UFS purpose-built solutions, and UFS customers will have access to Safe Systems’ IT, compliance and security services.
Founded in 1993, Safe Systems provides IT, compliance and security services exclusively for community banks and credit unions. Its services are designed to decrease IT costs, increase performance, and improve compliance posture.
Founded in 1991, UFS provides bank-exclusive technology services and solutions. It empowers community banks to grow through a 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.
The combined organizations will now serve nearly 400 financial institutions, inspiring confidence for a vision of empowering more community banks with purpose-built solutions where bankers are free to be bankers.
FinSMEs
12/08/2024