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AtlasClear Acquires Technology Assets from Pacsquare Technologies

PUBLIC · ATCHFeb 26, 2024

Acquiring Company

AtlasClear Holdings

Acquired Company

Pacsquare Technologies

TampaWashingtonFinancial ServicesFinanceFintechLendingBankingInformation TechnologySoftwareCloud Infrastructure

Description

AtlasClear Holdings, Inc. has announced the acquisition and integration of clearing and settlement code from Pacsquare Technologies, LLC. The acquisition of the Pacsquare Technology is expected to enhance AtlasClear Holdings' system modularity and maintainability, making its infrastructure easier to update and more efficient to run, replace, or scale individual components without affecting the entire system.

Quick answer

AtlasClear Holdings is acquiring Pacsquare Technologies, announced February 26, 2024. AtlasClear Holdings is based in Tampa, Florida, United States.

How much did AtlasClear Holdings pay for Pacsquare Technologies?
The deal value was not disclosed.
What does AtlasClear Holdings do?
AtlasClear Holdings, Inc. is a technology-enabled financial services firm that aims to create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products,..
Where are AtlasClear Holdings and Pacsquare Technologies based?
AtlasClear Holdings is based in Tampa, Florida, United States. Pacsquare Technologies is based in Washington, Washington, United States.
Who are the decision-makers at AtlasClear Holdings?
Fundz holds 3 contacts at AtlasClear Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

AtlasClear Holdings

Location

Tampa, Florida, United States

About

AtlasClear Holdings, Inc. is a technology-enabled financial services firm that aims to create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products, focusing on small and middle-market financial services firms. The company is led by respected financial services industry veterans with a strategic goal to have a fully vertically integrated suite of cloud-based products, including account opening, trade execution, risk management, regulatory reporting, and settlement.

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Frequently asked

Who acquired Pacsquare Technologies?

Pacsquare Technologies was acquired by AtlasClear Holdings, based in Tampa. The deal was reported on February 26, 2024. AtlasClear Holdings, Inc. AtlasClear Holdings is publicly traded (ATCH) and operates in Financial Services.

When did AtlasClear Holdings acquire Pacsquare Technologies?

AtlasClear Holdings's acquisition of Pacsquare Technologies was reported on February 26, 2024. AtlasClear Holdings, Inc. has announced the acquisition and integration of clearing and settlement code from Pacsquare Technologies, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pacsquare Technologies do?

Pacsquare Technologies is a global service provider of state-of-the-art fintech solutions. It is privately held, operating in Information Technology, and is based in Washington.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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