New Capital Partners, a private equity firm in Birmingham, Alabama, agreed to invest in ARMCO, the leader in web-based quality assurance software for the financial services industry. Financial terms were not disclosed. We are excited to partner with the outstanding team at ARMCO. The team has done a tremendous job building a market-leading product suite and providing best-in-class service and support to their customers. Broad use of ACES by top banks, lenders and servicers in the country attests to the strength of the product and the ARMCO professional team. We are looking forward to working with the team to drive continued growth and innovation," Adam Cranford, New Capital Partners Managing Director.