Strategic Acquisition Syntellis Performance Solutions was acquired by Strata Decision Technology in July 2023, creating a combined enterprise performance management (EPM) offering across healthcare, higher education, and financial services. This presents cross-sell opportunities into Strata’s established customer base and expansion into new verticals.

Expanded Client Base Post-acquisition, the unified Strata platform already serves over 2,300 organizations with StrataJazz and Axiom for financial analytics, planning, and performance management. Target stratum customers seeking deeper analytics, planning, and performance insights could be receptive to Syntellis/Strata’s enhanced capabilities.

Industry Focus Key verticals include financial institutions, higher education, and healthcare. These sectors demand robust budgeting, forecasting, and performance reporting solutions, signaling strong upsell potential to upgrade or standardize across departments and campuses or branches.

Recent Growth Notable activities in 2023 include a multi-year contract with University of Texas Rio Grande Valley and the launch of Axiom Tuition Revenue Planning. These wins indicate healthy demand for specialized, data-driven planning modules and potential for expanding into related financial planning modules.

Financial Opportunity Reported revenue range of 50–100 million positions the firm as a mid-market to upper-mid-market player. Opportunities exist to offer scalable EPM, data analytics, and cloud-based planning solutions to mid-sized institutions and financial entities looking to modernize legacy processes.