Hyde Park Capital Facilitates Strategic FinTech Acquisition: Data Age Business Systems Joins Forces with Bravo Store Systems in Transformative Retail Tech Merger.

Tampa, Fla. – February 14th, 2024 – Hyde Park Capital announced today that its client, Data Age Business Systems (“Data Age”), a software company focused on financial transactions solutions, has been acquired by Bravo Store Systems (“Bravo”), enterprise software solutions developer. Hyde Park Capital served as the exclusive investment banker to Data Age for this transaction. Trenam served as legal counsel to Data Age.

Tom Streng, CEO of Data Age, emphasized the significance of bringing together the two strongest software companies in the industry and the collaboration of the two best teams. “This acquisition means more than a business transaction; it signifies a union of expertise and dedication as PawnMaster employees converge with the team at Bravo. The pawn industry will benefit from an exceptional team of pawnbroker advocates, collectively working to introduce stronger solutions and empower pawnbrokers to provide even better services to their customers. I am excited about the possibilities that lie ahead for the pawn industry because of this acquisition and know that Bravo will remain committed to maintaining the highest standards of excellence, transparency, and customer satisfaction throughout the transition process. And a heartfelt thanks to Hyde Park Capital for their invaluable support in helping make this deal happen.”

Regarding Hyde Park Capital, Streng commented, “Hyde Park Capital played an instrumental role in negotiating, structuring, and closing this transaction. We could not be more pleased with the firm’s dedication to this deal and their ability to help get this to the finish line. Their meticulous attention to detail, proactive approach, and unwavering commitment were crucial in navigating the complexities of the deal. Their expertise and strategic insights added immense value, ensuring a successful outcome. We are grateful for their invaluable contribution and appreciate their guidance throughout our journey.”

“This acquisition marks a monumental milestone for Bravo. We are thrilled to usher in the next generation of software innovation for pawnbrokers,” said Tally Mack, Bravo’s CEO. “With PawnMaster’s deep industry knowledge and Bravo’s customer focus and product innovation, we will provide unmatched value for our customers and enhanced services to the people and communities served by pawnbrokers.”

Michael Johnson, Managing Director at Hyde Park Capital, commented: “We extend our sincere appreciation to Tom, Randy, and the Data Age team for placing their trust in Hyde Park Capital throughout this transaction. It has been a privilege to work alongside such a dynamic software company, and we are grateful for the opportunity to contribute to the success of this deal. Thank you for entrusting us with your vision and we look forward to continued success in your future endeavors.”

About Data Age Business Systems             

Founded in 1988, Data Age designs comprehensive, easy-to-use interfaces and value-added integrations that streamline processes. A privately owned corporation, Data Age has operated debt-free and grown in a consistent and controlled manner since its foundation. Today, Data Age serves over 3,500 customers within the pawn shop, buy/sell, cell phone repair, liquor store, check cashing, payroll advance, and title loan industries. Read more about Data Age here: www.dataage.com

About Bravo Store Systems

Bravo Store Systems is the first all-in-one software provider for specialty retailers including pawnshops, gun stores, buy/sell stores, and secondhand retailers. Bravo’s all-in-one software platform natively integrates all business operations, including Point of Sale, eCommerce marketplaces, mobile apps, a built-in estimator for evaluating secondhand goods, text messaging, payment processing, and deep reporting. Bravo also provides E4473, E4473 Cloud Storage, and A&D book all integrated into the same system. Read more about Bravo here: www.bravostoresystems.com

About Hyde Park Capital

Hyde Park Capital is an institutionally focused boutique investment banking firm specializing in mergers and acquisitions and focusing on serving the corporate finance needs of successful founder and family-owned companies. Hyde Park’s principals have extensive investment banking experience managing merger and acquisition engagements, including executing sell-side and buy-side sale of company assignments, recapitalizations, financial advisory services, fairness opinions, and raising growth capital and acquisition financing for companies, including equity, mezzanine, and senior debt. Hyde Park Capital has extensive experience across numerous industry sectors, including industrial, technology, healthcare, business, and financial services. Hyde Park Capital is headquartered in Tampa, Florida, and is a member of FINRA and SIPC. Hyde Park Capital is also a member of the Geneva Capital Group (GCG) International M&A Alliance (see www.gcg.com). For additional information, please visit www.hydeparkcapital.com.

 

Media Contacts:

Chris Fieschko

Director

Hyde Park Capital

fieschko@hydeparkcapital.com

315-558-8249