GLASTONBURY, Conn. — In its first acquisition since returning to a private structure, Open Solutions Inc. announced it is acquiring Fincentric Corporation and thus deepening its commitment to the Canadian market. Canadian-based Fincentric Corporation is a core banking and software firm serving primarily the Canadian market. Fincentric has 167 customers worldwide including half of Canada's top 25 credit unions.
Open Solutions was bought out by private equity firms The Carlyle Group and Providence Equity this year.
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