Payment-solutions provider Clearent has acquired Wintac, a field-service-management software solution primarily targeting residential contractors providing HVAC, plumbing, electrical and other home-repair services. Purchased from Dundee, Illinois-based Davisware, LLC, Wintac will become part of FieldEdge, a wholly owned subsidiary of Clearent. Financial terms of the transaction were not disclosed.
Clearent announced the move as the latest example of its effort to grow market share in the mechanical contractor/field-services-management (FSM) segment. The addition of Wintac will help FieldEdge expand its current market-leading position as a provider of FSM solutions.
“We are happy to welcome Wintac customers to the FieldEdge family,” said Connie Certusi, president of FieldEdge. “We look forward to engaging with these customers in the coming year to understand their needs as they relate to managing their field-service organization, to address those needs through FieldEdge, and to offer a cost-effective and smooth transition to FieldEdge when they are ready.”
Want updates like this delivered weekly?
TransactionWatch is a weekly newsletter covering the most important and relevant merchant acquiring M&A activity. This first-of-its-kind newsletter was developed for the world’s cutting-edge payments executives. See an example edition.
How Do I Sign Up?Click here to visit the TransactionWatch landing page and complete the subscription form. You will receive a confirmation email and begin to receive TransactionWatch every Friday.
The post Clearent Acquires Field-Services-Management Solution Wintac appeared first on The Strawhecker Group.