Apryse Strengthens Its Document Processing Capabilities Through Strategic Acquisitions

Apryse Expands Its Horizons with Strategic Acquisitions

In a significant move for the digital document processing sector, Apryse has announced the successful completion of two pivotal acquisitions: Scanbot SDK and Accusoft. These transactions not only enhance Apryse's existing platform but also position the company for sustained long-term growth in a competitive marketplace.

Enhancing Functionalities with Scanbot SDK

The acquisition of Scanbot SDK, a leading provider of mobile data capture solutions, adds robust capabilities to Apryse’s technology arsenal. Scanbot SDK is renowned for its high-performance solutions that enable efficient scanning of barcodes, documents, and performing optical character recognition (OCR). This acquisition enables seamless data capture and processing from mobile devices, making it particularly beneficial for sectors such as logistics, healthcare, transportation, and public services.

As Christoph Wagner, CEO of Scanbot SDK, noted, “Partnering with Apryse allows us to further our mission of converting manual processes into efficient mobile workflows. This progression marks a significant advantage for both our team and our clients.”

Expanding with Accusoft

Similarly, the integration of Accusoft, a longstanding player in the realm of imaging and document solutions, brings a wealth of expertise in image manipulation, barcode recognition, and field extraction. Accusoft has established strong customer relationships across critical industries like healthcare, public administration, insurance, and finance. Their technology complements Apryse’s offerings, making for an even more comprehensive suite of tools available for developers integrating document and image capture into their applications.

Jack Berlin, CEO of Accusoft, expressed excitement about this new chapter, stating, “This collaboration opens the door for our customers to be a part of an overarching strategy that is shaping the document management landscape globally. We are enthusiastic about contributing to the Apryse platform.”

A Unified Document Lifecycle Approach

These acquisitions will allow Apryse to provide a unified set of tools throughout the entire document lifecycle—covering everything from capture and extraction to collaboration and archiving. This comprehensive solution is crucial in a digital age where swift access to data is synonymous with business success.

Cassidy Smirnow, CEO of Apryse, commented, “Introducing Scanbot SDK and Accusoft into the Apryse family is a thrilling development. Both technology platforms offer complementary capabilities, significant enterprise-grade reliability, and a solid customer base that enhances our core offerings.”

Strategic Financial Restructuring

Alongside these acquisitions, Apryse has also executed a strategic refinancing of its debt. This crucial step not only strengthens the company’s financial framework but also enables it to seize forthcoming growth opportunities. The refinancing, supported by Thoma Bravo and Silversmith Capital Partners, highlights Apryse’s escalating trajectory and robust financial performance, which is attractive for future investments.

In summary, Apryse is poised for a remarkable future with these acquisitions and strategic moves. As companies increasingly rely on effective and efficient document management solutions, Apryse’s ongoing innovation in the digital processing space is sure to place it at the forefront of the industry.

About Apryse

Formerly known as PDFTron, Apryse is a global leader in document processing technology, dedicated to streamlining workflows and enhancing productivity. The company provides developers, enterprises, and small businesses with essential tools for achieving their documentation goals swiftly and intuitively. Apryse technology supports leading platforms and a diverse range of file types, reflecting its commitment to comprehensive document solutions. For further information, visit Apryse.com.