Acquisition Strengthens BetaNXT’s Ability to Further Simplify Complex Investment Fund Operations While Increasing Transparency and Reducing Risk

NEW YORK, May 23, 2025 /PRNewswire/ — BetaNXT, a provider of wealth management technology solutions with real-time data capabilities and an enhanced advisor experience, announced today certain affiliates of BetaNXT have acquired Delta Data, a provider of global investment fund solutions. With the acquisition, BetaNXT continues to strengthen its ecosystem of wealth management technology solutions.

Delta Data is expected to expand BetaNXT’s suite of product capabilities with:

trade management, mutual fund sub-accounting and revenue management for wealth managers;transfer agent functionality, fee management and compliance tools for asset managers.

“We are always enthusiastic about acquiring enterprises that improve the client experience,” said Bob Santella, CEO of BetaNXT. “Delta Data’s products, and commitment to simplifying investment fund processing and oversight through innovative technology that enables data connectivity, will enhance our ability to address pain points for a broader spectrum of clients in the asset and wealth management industry.” Founded in 1985, Columbus, GA-based Delta Data specializes in providing operational software solutions tailored to three primary segments of the asset management industry—fund distributors, asset managers and transfer agents. Its technology supports and streamlines mutual fund transaction processing and related data management, driving efficiency and mitigating risk. Its existing customers include four of the top 10 U.S. banks, three of the top five U.S. retirement plan recordkeepers, and 23 of the top 25 U.S. asset managers.

Backed by Clearlake Capital Group and Motive Partners, BetaNXT brings together wealth management solutions into a single, integrated platform. Delta Data’s technology solutions will be fully integrated with BetaNXT DataXChange, which simplifies the exchange of data for wealth management firms and their partners. By streamlining all data within a flexible and connected experience, DataXChange helps optimize what that data can do for fund distributors, asset managers and transfer agents, as well as their clients and partners.

“Joining forces with BetaNXT is the next logical step in our ongoing growth and expansion,” said Cameron Routh, CEO of Delta Data. “We believe that BetaNXT’s solutions, which power the Connected Wealth experience, will take our offerings for the mutual fund and pooled fund space to the next level, and allow the distributors, asset managers and transfer agents we work with to do more with their data than they ever imagined.” 

BetaNXT was advised by Sidley Austin LLP. Delta Data was advised by D.A. Davidson LP and JonesSpross LLP.

About BetaNXT

BetaNXT powers the future of Connected Wealth by investing in platforms, products, and partnerships to accelerate growth, with a focus on providing frictionless wealth management enterprise solutions, real-time data capabilities, and enhanced advisor experience. Through its software, data, and operations-as-a-service approach, BetaNXT empowers its clients with flexible, efficient, connected solutions that anticipate their changing needs. BetaNXT’s comprehensive model reduces enterprise cost, streamlines operations processes, increases advisor productivity, and strengthens the investor experience. Together with BetaNXT, wealth management firms are transforming their platforms into differentiating assets that enable enterprise scale and stimulate commercial growth. For more information visit www.betanxt.com.

Alexandra Shafer & Madison Vance
JConnelly for BetaNXT
+1 (973) 934-5100
betanxt@jconnelly.com 

Laura Barger
Head of Marketing and Communications, BetaNXT
+1 (888) 949-9957, option 3
mediarelations@betanxt.com 

About Delta Data

Delta Data is a trusted provider of technology solutions for the mutual fund and pooled fund industry, processing trillions of dollars in assets for top financial institutions.

Its industry-vetted SaaS integrated suite is trusted by four of the top 10 U.S. banks, three of the top five U.S. retirement recordkeepers, and 23 of the top 25 U.S. asset managers. Delta Data empowers financial companies to navigate the complex regulatory landscape and mitigate risk through efficient data management and streamlined automation.

Claudine Martin
Head of Marketing, Delta Data
+1 (508) 341-2123
cmartin@deltadatasoft.com

About Clearlake

Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused, approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational approach, O.P.S.® The firm’s core private equity target sectors are technology, industrials, and consumer. Clearlake currently has over $90 billion of assets under management and its senior investment principals have led or co-led over 400 investments, and has deployed over $57 billion in liquid and illiquid credit investments globally. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland, Luxembourg, Abu Dhabi, UAE, and Singapore. More information is available at www.clearlake.com.

Jennifer Hurson
Clearlake Capital Group Media Contact – Lambert
+1 (845) 507-0571
jhurson@lambert.com 

About Motive

Motive Partners is a private investment firm exclusively focused on financial technology and technology-enabled business services companies, ranging from early-stage ventures to growth equity and buyout, primarily based in North America and Europe. The firm invests across five primary subsectors: Banking & Payments, Capital Markets, Data & Analytics, Insurance, and Wealth and Asset Management, and Motive Partners portfolio companies benefit from the firm’s fully integrated, proven Investor, Operator, Innovator (IOI) model, which brings together world-class fintech leaders and capabilities with deep industry knowledge, insight and experience. With offices in New York City, London, and Berlin, Motive Partners delivers differentiated expertise, connectivity, and capabilities to create long-term value in financial technology companies. More information on Motive Partners can be found at www.motivepartners.com

Britt Zarling
Motive Partners
+1 (414) 526-3107
britt.zarling@motivepartners.com 

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SOURCE BetaNXT

The industry-recognized solution helps enterprises better govern and manage the implementation and usage of AI technology throughout the entirety of their organizations.

CHICAGO, May 23, 2025 /PRNewswire/ — LogicGate, the modern, enterprise-grade provider of governance, risk, and compliance (GRC) solutions, today announced its AI Governance Solution was recognized for the prestigious ISACA Innovative Solutions Award. The industry accolade honors LogicGate for its groundbreaking AI Governance Solution, designed to empower safe innovation, accelerate business growth, and enable organizations to navigate the complexities of artificial intelligence responsibly. 

The ISACA Innovative Solutions Award acknowledges individuals or organizations that have developed or utilized technology to solve significant business or societal challenges. Judging criteria include the innovative use or development of new technology, promotion of ISACA’s core domains, impact and global reach of the solution, and the quality of the nomination.

“LogicGate’s AI Governance Solution is not just another tool in the GRC space—it is essential to reshaping how organizations approach AI governance,” said Matt Kunkel, Co-Founder and CEO at LogicGate. “With the rapid evolution and widespread adoption of AI, particularly generative AI, every industry is confronted with the challenge of governing the use of this technology and its various applications. Our approach was to create a prescriptive yet flexible AI governance framework that enterprises could easily adopt and tailor to their unique AI guidelines and requirements.” 

As AI technologies become increasingly integral to business operations, the necessity for robust AI governance has become paramount. Recent research by OCEG on the “Use of AI for GRC” found that while 82% of respondents agree or strongly agree they must adopt generative AI, only 12% reported having a documented AI Governance plan in place. This highlights a critical gap that LogicGate’s AI Governance Solution aims to address. 

LogicGate’s AI Governance Solution provides a comprehensive set of workflows to ensure AI initiatives are transparent, accountable, and aligned with regulatory standards. The solution includes centralized use case management, cyber risk assessments, policy management, controls compliance, and third-party AI risk oversight, all within an easy-to-use platform. This holistic approach bridges the growing gap between GRC and AI, enabling organizations to confidently harness the power of AI while safeguarding against unintended consequences. 

“A key differentiator of LogicGate’s AI Governance Solution is its integration with the full spectrum of governance, risk, compliance, and cybersecurity programs,” said Jon Siegler, Co-Founder and Chief Product Officer at LogicGate. “This integration ensures that AI governance processes are seamlessly incorporated into cyber risk management, third-party risk management, policy management, and controls management.”

Specifically, LogicGate’s AI Governance Solution enables organizations to:

Leverage out-of-the-box workflows for submitting, reviewing, and approving AI initiatives and models.Identify AI risks and automate assessment, quantification, and mitigation activities.Reinforce AI risk tolerance and standardize AI policies with automated approvals and attestations.Leverage best practices and control recommendations from the NIST AI Risk Management Framework.Identify embedded AI technologies and risks in third-party services.

LogicGate, along with other award recipients of the 2025 Global Achievement Awards, Chapter Awards, Certification Exam Top Scores, and the 2025 class of the Hall of Fame were recognized at the ISACA Awards Celebration in Orlando, Florida, during ISACA’s 2025 North America Conference. To view the full list of award recipients, visit www.isaca.org/awards.

About LogicGate 

LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, controls compliance, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about LogicGate’s solutions by visiting www.logicgate.com or LinkedIn.

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SOURCE LogicGate

OSHKOSH, Wis., May 23, 2025 /PRNewswire/ — Enric Saavedra was recently named Girbau Global Laundry Solutions’ (Girbau) international key account director – making him the main point of contact between Girbau and Girbau North America (GNA). Acting as a liaison, Saavedra facilitates communication and collaboration between the companies, ensuring information flows effectively and that both companies understand each other’s needs and goals, according to GNA President Mike Floyd. 

“Enric’s not only qualified to do this job, he’s been a longtime supporter of GNA and the business we do here,” said Floyd. “He’s worked our ‘Clean’ shows, interfaced with our distributors, met with our customers and understands our markets. He’s truly committed to growing North American sales.”

Saavedra, who joined Girbau in 2009, served as business development manager for 11 years before becoming APAC regional business leader in 2020. In his new role, he focuses on global accounts, of which GNA is the largest.

“Girbau’s commitment to the North American market is a top priority,” said Saavedra. “We expect our collaboration to expand distribution and lead us into developing new, high-quality laundry solutions with speed and precision.” he said.

As an EVI Industries Inc. (EVI) company, GNA is stronger than it’s ever been, according to Vice President of Sales Joel Jorgensen. “Enric will help us to develop new products for specific niche markets and fill gaps in offerings and capabilities to grow overall sales,” he said.

GNA is well-positioned for the future, Jorgensen added. “During a time when many other manufacturers are going direct, GNA and EVI believe in the value of distributors and the support they provide to end users,” he said. “We are closer to the market now more than ever because we are in distribution along with our independent and EVI distributors across North America.”

To learn more about GNA’s products, services or career opportunities, visit gnalaundry.com or call 800-256-1073.

Media Contact
Tari Albright
Director of Marketing Communications
talbright@gnalaundry.com

About Girbau North America – an EVI Industries Inc. Strategic Laundry Solutions Company
Girbau North America, in Oshkosh, Wis., is a comprehensive strategic laundry solutions company serving the vended, commercial and industrial laundry and textile care markets throughout North America. Services under the GNA umbrella include customer marketing via Girbau Creative Services (GCS); financing through CustomSelect; and distribution through partner distributors and Continental Girbau West (CG West), which serves Arizona, New Mexico and Southern California. GNA also provides product warehousing for quick availability, parts for most brands, technical service assistance, customer care and the industry’s most comprehensive offering of commercial laundry solutions to customers throughout North America. GNA brands include:

• Continental Girbau®                            • Girbau Industrial®                  

• Poseidon Textile Care Systems®         • Express Laundry Centers®

• Sports Laundry Systems®                   • OnePress®

About EVI Industries Inc.
EVI, through its wholly owned subsidiaries, is a value-added distributor and a provider of advisory and technical services. Through its vast sales organization, the EVI provides customers with planning, designing, and consulting services related to their commercial laundry operations. EVI sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, EVI sells related parts and accessories. Additionally, through EVI’s robust network of commercial laundry technicians, it provides its customers with installation, maintenance and repair services. EVI’s customers include retail, commercial, industrial, institutional and government customers. Purchases made by customers range from parts and accessories to single or multiple units of equipment, to large complex systems as well as the purchase of EVI’s installation, maintenance, and repair services.

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SOURCE Girbau North America