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Open Solutions Acquires Raddon Financial Group

Open Solutions Inc., which recently announced that it would be converting from a public to private company, continues to be aggressive on the acquisition front.

By Staff Writer | Updated on November 14, 2006

GLASTONBURY, Conn. — Open Solutions Inc., which recently announced that it would be converting from a public to private company, continues to be aggressive on the acquisition front.

The firm has acquired Lombard, Ill.-based Raddon Financial Group, Inc. for $27.5 million. RFG provides CRM, research data, analysis, strategic counsel and marketing solutions to hundreds of financials, including credit unions.

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