Banyan Software, a leading acquirer and operator of mission-critical software businesses, is pleased to announce the acquisition of CFS Solutions, a provider of deposit automation and check imaging solutions for ATMs and ITMs serving over 500 community banks and credit unions.
Founded in 2000 by Mike Conlan and based in Tallahassee, Florida, CFS Solutions specializes in mission-critical software that seamlessly connects ATM and ITM hardware with core banking systems and image processors. With its proprietary technology, CFS supports financial institutions by automating workflows, enhancing compliance reporting, image validation, and providing integrations with leading hardware providers, including Hyosung and NCR Atleos.
About CFS Solutions. Founded in 2000, CFS Solutions provides essential deposit automation and check imaging solutions designed specifically for ATM and ITM environments within community banks and credit unions. CFS’s technology streamlines operations, improves compliance, and integrates seamlessly with industry-leading hardware providers. For more information, visit cfssolutions.com.
About Banyan Software, Inc. Banyan Software provides a permanent home for successful enterprise software companies, their employees, and customers. We acquire and grow exceptional software businesses worldwide, helping them thrive in niche markets over the long term. Founded in 2016, Banyan uses a buy-and-hold-for-life approach with a permanent capital base to honor and preserve founder legacies. As a purpose-driven company, we are committed to making an enduring impact on our companies and communities. Banyan is one of North America’s fastest-growing private businesses, with offices in the US, Canada, the UK, EU, and APAC.
