Banyan Software Announces the Acquisition of Comtronic Systems, LLC

Banyan Software, a leading acquirer and permanent home for great software businesses, is pleased to announce the acquisition of Comtronic Systems, LLC. Founded in 1980, Comtronic is a leading force in integrated debt collection technology, serving third-party debt collection agencies across the USA and Canada.

Based in Washington, USA, Comtronic’s flagship product, DebtMaster360, stands as a comprehensive debt collection platform. This all-in-one solution empowers collectors of all sizes with workflow management, debtor information, payment utilities, reporting tools, documentation, and compliance resources which work to significantly increase collector contact and payment rates.

I’m thrilled to welcome the Comtronic Systems team to the Banyan Software family. Their track record of excellence and commitment to customer business impact is admirable. We’re looking forward to working closely with the team to build upon their success for years to come.

Reed Fawell • Operating Partner at Banyan Software

Entrusting my business to the Banyan team was a decision I made with complete confidence. Their commitment to excellence, strategic vision, and genuine passion convinced me they are the perfect home for the legacy we’ve built. The sale process was remarkably smooth and I’m excited to witness the next chapter.

Jeff Dantzler • Founder, Comtronic Systems

About Comtronic Systems. Founded in 1980, Comtronic’s flagship product, DebtMaster360, is a  fully integrated collection technology that delivers all your debt management, phone system, and client reporting needs in one secure platform. Easily accessible from the cloud, your office is limitless in size and number of locations, and the knowledgeable Comtronic staff provides all service and support. For more information, please visit: debtmaster.com

About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. With a permanent capital base set up to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies. Founded in 2016, Banyan is backed by a world-class group of CEOs and investors with deep technology experience and currently operates across a growing number of verticals.

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