MONETT, Mo. — Jack Henry & Associates has reached the sweet 16 with the acquisition of Atlanta-based Gladiator Technology Services Inc.

The purchase of the security services provider for an undisclosed price marks the company's 16th "focused diversification acquisition," says Jack Henry CFO Kevin Williams.

Gladiator Technology Services (www.gladiatortechnology.com) provides security monitoring and consulting solutions to more than 500 credit unions and banks, many of them already Jack Henry core processing clients, and now will become part of Jack Henry's ProfitStars division, the company says.

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"We are excited about the inherent synergies that exist between Gladiator's offering and our Matrix Network Services which encompass fully customized, cost-effective local and wide area network design, implementation, and support services," Williams says.

Jack Prim, CEO of Jack Henry & Associates (www.jackhenry.com), says, "This acquisition ideally supports our strategy to acquire companies that expand our suite of complementary solutions sold to our core clients while extending our market reach well beyond our more than 2,400 core clients."

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