Home > M&A deals 2014 > Account Control Technology, Inc. acquires Convergent Resources, Inc.
Add-on Acquistion · Financial Services · May 2014

Account Control Technology, Inc. acquires Convergent Resources, Inc.

On May 20, 2014, Account Control Technology, Inc. acquired Convergent Resources, Inc., a financial services company in Georgia, United States, from Peachtree Equity Partners LP, Silver Oak Services Partners LLC and Alcentra Capital Corporation.

Deal at a glance

AnnouncedMay 20, 2014 TypeAdd-on Acquistion TargetConvergent Resources, Inc. Buyer Account Control Technology, Inc. Sellers Peachtree Equity Partners LP
Silver Oak Services Partners LLC
Alcentra Capital Corporation
SectorFinancial Services LocationGeorgia, United States ValueNot disclosed

Target company

Convergent Resources, Inc.
Georgia, United States
Financial Servicessector
-founded
Activestatus
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Buyer

Company · 1 deal on record
  • 1st transaction in financial services
  • 1st transaction in United States
1deals, all time
1in this sector
2014latest

Sellers (3)

Private equity firm · 34 deals on record
Private equity firm · 47 deals on record
Private equity firm
34investments
4in this sector
11exits

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Questions about this deal

Who acquired Convergent Resources, Inc.?Account Control Technology, Inc. acquired Convergent Resources, Inc. on May 20, 2014.

Who sold Convergent Resources, Inc.?Peachtree Equity Partners LP, Silver Oak Services Partners LLC and Alcentra Capital Corporation were the sellers.

What type of deal was it?It was a add-on acquistion in the financial services sector in 2014.

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