Capstone Strategic, Inc. (Capstone) announced today that Houston based credit union service organization Pure IT had received support from and formed business relationships with six credit unions, including Ardent CU, and fellow CUSO Envisant.
VIENNA, Va., Sept. 7, 2022 /PRNewswire-PRWeb/ -- Capstone Strategic, Inc. (Capstone) announced today that Houston based credit union service organization Pure IT had received support from and formed business relationships with six credit unions, including Ardent CU, and fellow CUSO Envisant. As a result, Pure IT is expanding its technology services to make credit unions more competitive in the financial services marketplace and serve their members more effectively.
Pure IT was interested in finding organizations to support its ongoing, strategic vision of technological evolution and serving ever larger groups of members. Along the journey, Capstone advised Pure IT and opened the communication pathways that started Pure IT speaking with both Ardent Credit Union of Philadelphia, and Envisant, a credit union service organization that is a subsidiary of the Illinois Credit Union League.
"As a CUSO, we are always looking to the future and a goal of helping the credit union industry stay relevant," said Jack Smith, CEO and Co-founder of Pure IT. "In working to bring Ardent and Envisant into this collaborative effort, Capstone has played an important role in Pure IT's expansion of our services and consequently, our ability to work with more credit unions. Our partnership with Capstone has proven to be an instrumental part of our credit union and CUSO growth story."
"We were very happy that Capstone could help craft the narrative of what Pure IT was looking to achieve and assist in vetting potential partners," said John Dearing, Capstone Partner. "We were delighted that so many credit unions and service organizations showed interest, but especially our friends at Ardent and Envisant."
About Capstone Strategic, Inc.
Capstone Strategic, Inc. is the leader in mergers and acquisitions for credit union service organizations (CUSOs). The firm has helped numerous credit unions and CUSO leaders develop, evaluate, and implement initiatives for growth. Established in 1995 by CEO David Braun, Capstone specializes in strategic not-for-sale acquisitions and corporate growth strategies and has facilitated over $1 billion in transactions in more than 100 industries. For additional information go to the Capstone website at http://www.capstonestrategic.com or call 703-854-1910
Brent Holliday, Capstone Strategic, 703-854-1910, [email protected]
SOURCE Capstone Strategic