Ontario Systems announced today that Ron Fauquher will retire as chief executive and be replaced by Jason Harrington. The announcement was made at the company’s annual PowerUp conference in Coronado, Calif. Harrington had been president of Ontario Systems since 2017 and has been with the company for 22 years. “Words …
Read More »Private Equity Firm Announces Investment in Ontario Systems, Becomes New Majority Shareholder
Ontario Systems has been acquired by another private equity firm, it was announced yesterday. Arlington Capital, which acquired its stake in the company four years ago, is being replaced as the company’s majority shareholder by New Mountain Capital. Terms of the deal were not announced. New Mountain Capital, based in …
Read More »Ontario Systems Adopts BillingTree’s Payrazr
Phoenix, Ariz. – September 23, 2015 Ontario Systems® has formally adopted and is now offering the new BillingTree® Payrazr™ payments suite. BillingTree launched the Payrazr platform at this year’s ACA International Conference and Expo. BillingTree offers the industry’s most comprehensive suite of in-house developed and best of breed payment technologies. …
Read More »Ontario Systems Acquired By Private Equity Firm
Ontario Systems announced today that a majority share in the company had been purchased by Arlington Capital Partners, a private equity firm. Terms of the deal were not disclosed. Arlington bought out the shares owned previously by Oxford Financial. On its website, Arlington describes itself as a middle-market investment firm …
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