Austin, TX (PRWEB) April 5, 2010
Sheshunoff Consulting + Solutions (SCS), leading advisors to the financial institutions industry, announced today it has acquired Brintech, a bank management consulting firm with offices in Austin and Atlanta. The acquisition helps SCS expand its business, extends its reach nationwide, and broadens its service offerings.
“I am delighted that Brintech is joining us. Collectively, we will change the competitive landscape and increase our share of the financial institution market,” says Gabrielle Sheshunoff, President & Chief Executive Officer of SCS. “And, the opportunity to have additional talent in multiple locations throughout the country means we will be better positioned to serve our clients.”
The acquisition of Brintech strengthens SCS’ position in the financial institutions advisory services market and enables Brintech to be part of an organization targeted for growth. SCS and Brintech will continue to offer profit improvement and revenue enhancement strategy services, risk management services, and information technology services and software solutions. Both companies anticipate their customers will benefit from this union.
Hal Oswalt, Brintech’s President and CEO, will become President of Sheshunoff Consulting + Solutions/Risk Division. “We are looking forward to joining SCS and working together with them to build on each other’s strengths,” says Oswalt. “I have worked with Gabrielle Sheshunoff before as have 11 of my staff and we expect our combined organizations will reinforce our mutual goals of providing superior service to our financial institution clients.”
Mack Wood will continue as Managing Director, Consulting Services. “I am confident that the expertise and
industry knowledge that Brintech brings in combination with the talent at SCS will open the door to new and
exciting opportunities for all of us,” says Wood.
About Sheshunoff Consulting + Solutions
For more than 35 years, Sheshunoff Consulting + Solutions (SCS) has been a leading financial services industry consulting firm. SCS enhances its consulting services with proprietary technology solutions, and also offers its financial industry customers executive development programs and investment banking services. Sheshunoff is a trusted advisor to the banking industry, providing institutions with the tools they need to improve profitability, optimize business processes, manage risk, maximize technology, and meet regulatory requirements. Ultimately, SCS positions institutions for long-term growth.
Founded as a technology consulting firm in 1993, Brintech quickly evolved into one of the leading strategy,
performance improvement and profit enhancement advisory services in the nation. For the past 15 years, 100% of our focus has been on the community bank marketplace which has given us a detailed understanding and a history of the market, including its challenges, technology and regulatory changes. Brintech was a wholly-owned subsidiary of United Community Banks, Inc. with corporate headquarters in Austin, Texas and satellite offices in Atlanta, Los Angeles and Orlando.