Terminus Capital Partners-backed Delta Data completed the acquisition of Phoenix Systems.

Terminus Capital Partners-backed Delta Data, a provider of pooled fund and mutual fund software solutions, completed the acquisition of Phoenix Systems, a fintech firm specializing in global mutual fund transfer agent, sub-accounting, and trading software solutions. Financial terms were not disclosed. "We are excited to welcome Phoenix Systems and its esteemed clients into the Delta Data family. At Delta Data, our mission is to build the most trusted and comprehensive mutual fund/pooled fund software company. Adding Phoenix Systems to our suite of solutions is the next step toward that goal. Phoenix's products, world-class clients, and committed team of industry experts build on Delta Data's leading position in our market. Bringing these companies together allows us to enhance our service to legacy Phoenix and existing Delta Data clients, demonstrating our dedication to client value, while offering an unparalleled solution to future clients," Cameron Routh, Delta Data CEO.