Battery completes Alogent acquisition

By Iris Dorbian — 5 months ago

Battery Ventures has closed its previously announced buy of Goldleaf Enterprise Payments Inc, which includes the Alogent product line. The seller was Jack Henry & Associates. No financial terms were disclosed. In conjunction with the acquisition, Dede Wakefield, the ex-chief financial officer for GT Nexus, has been named Alogent’s chief executive while Battery’s Russell Fleischer and Jordan Welu have been added to Alogent’s board. Based in Norcross, Georgia, Alogent is a provider of deposit automation solutions for financial institutions.