White Clarke Group announced acquisition of Australian equipment finance software provider Insyston, strengthening international expansion plans
Founded in 1998, Insyston is an end-to-end asset finance software provider based in Sydney, Australia.
Insyston moved its asset finance software to a SaaS model three years ago and have had great success, including internationally.
This acquisition supports White Clarke Group’s expansion plans in the Australian, European and North American equipment finance sectors, and adds to its cloud hosting expertise.
The Insyston products will add enhanced asset finance functionality in areas such as specialist assets, managed services, various funding structures and securitization.
White Clarke Group’s group executive vice president David Slider said: “We are excited to help serve Insyston’s existing large customer base going forward and to expand the CALMS platform by making the benefits of the Insyston solution globally accessible.
Insyston’s founder Stephen MacMillan said: "We are thrilled to be part of a team with a proven track record and international experience.
By joining our forces, we continue to strengthen our position in Australia and we are excited to take the Insyston product into new markets.”