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Fintech Acquires Beverage Industry Data Management and Analytic Provider Aperity
Friday 22 January 2021

US-based business solutions provider Financial Information Technologies, LLC, serving the beverage alcohol industry, has acquired data management and analytic provider Aperity, the company said.

Aperity's Beverage Data Exchange is the industry's first community-centric data solution, facilitating business insights between supply chain partners.

The Beverage Data Exchange integrates with Fintech's existing data offerings and broadens the company's data platform.

Fintech will use the Beverage Data Exchange's extensive supply chain connectors and integration technology to provide the beverage alcohol industry with the most comprehensive universe of data from distributors, retailers, e-commerce and data syndicators.

The Aperity acquisition follows that of Lilypad Solutions and Armadillo Insight, and bolsters Fintech's growing InfoSource division, which provides actionable data intelligence across the beverage alcohol industry.

With data, suppliers, distributors and retailers can benchmark against industry performance to further optimize their businesses.

The addition of Aperity's Beverage Data Exchange builds upon Fintech's existing momentum in the data market, and it brings further insights to Fintech's clients and partners.

The addition of Aperity's Beverage Data Exchange solution furthers Fintech's mission to deliver specialized technology to maximize efficiency and improve communication across the three tiers of the alcohol industry, building on Fintech's world-class solutions.

Both Fintech and Aperity will continue day-to-day operations as the partnership develops further.
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Date Published: 22/01/2021

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