Banyan Software has acquired HMM Germany, a Moers-based B2B eHealth platform that connects health insurers, medical-device makers and healthcare providers. Founded in 2006, HMM operates X3.Net, a digital platform handling cost estimates, approvals, billing and reimbursements for medical aids in real time. The company employs over 200 people and serves health insurers, medical-device manufacturers and thousands of healthcare providers across Germany. HMM's founders sought a long-term partner to provide capital and operational expertise whilst preserving customer relationships built over two decades. Banyan Software, headquartered in Toronto, acquires and operates software businesses with a buy-grow-and-hold-for-life approach. The company operates more than 100 portfolio companies across North and South America, Europe and APAC.

Banyan Software has completed a majority investment in WIZE, a Geneva-based wealth and asset management platform. Founded in 2010, WIZE serves more than 120 financial institutions across 27 countries with a team of 60 employees in Geneva, Zurich, and Singapore. The platform provides integrated portfolio management, CRM compliance workflows, and order management for wealth managers, asset managers, family offices, and private banks. WIZE's management team, led by founder and CEO Cédric Baiker, will retain their equity stakes and continue leading the company. Banyan Software acquires and operates software businesses with a long-term, buy-and-hold approach. The firm currently operates more than 100 portfolio companies across North America, South America, Europe, and Asia-Pacific. The partnership aims to support WIZE's expansion into new markets and development of AI capabilities.

Bitcentral sells software business to Banyan, rebrands streaming division as ViewNexa. By Tom Butts published 2 hours ago Sam Peterson to become CEO of Bitcentral, current Bitcentral CEO Sam Kamel to helm ViewNexxa NEWPORT BEACH, Calif. - Bitcentral a provider of enterprise software and digital media solutions for news, sports and entertainment broadcasters, as well as streaming platforms, today announced that it has sold off its traditional production and playout business to investment group Banyan Software and is rebranding Bitcentral as "ViewNexa." Bitcentral will focus on broadcast news production, playout and workflow technology that broadcasters depend on every day, while ViewNexa will focus on helping media companies grow, distribute and monetize digital audiences across streaming and connected platforms, the companies said. Sam Kamel, who became CEO of Bicentral in 2024, called the move " a bold and exciting step in the company's evolution." Kamel was hired after Bitcentral announced funding from a new unidentified private investor at the time. "By creating two dedicated companies, each gains increased clarity, leadership focus and investment capacity to accelerate innovation and better serve customers," he said. "Bitcentral continues as a trusted technology partner to some of the most important broadcast news organizations in North America. Banyan's ownership provides a strong foundation for continued investment and innovation. For ViewNexa, this means the independence and resources to pursue high-growth market opportunities in streaming, monetization and audience engagement." Bitcentral Founder and Chairman Fred Fourcher, who returned to Bitcentral as Board Chairman the same time Kamel assumed leadership also hailed the transaction. "I'm incredibly proud of what we've built at Bitcentral over the past 25 years," said Fred Fourcher, company Chairman and Founder of Bitcentral. "From the beginning, our vision was to help media organizations adapt to the changing ways content is created, managed, distributed and consumed. Over time, we built two exceptional businesses, each with its own customers, capabilities and future. This transaction allows both to move forward with renewed focus while staying true to the spirit of innovation, reliability and customer commitment that have defined Bitcentral from the start." Sam Peterson, previously the company's Chief Operating Officer, has become CEO of Bitcentral, leading the newly independent business. Sam Kamel continues as CEO working with the ViewNexa leadership team, led by Scott Alexander as General Manager of ViewNexa. The professional video industry's #1 source for news, trends and product and tech information. Sign up below.