Epsilon Technologies Group
Acquires Principia
New York, NY – January 26, 2024 – Epsilon Technologies Group today announced its acquisition of Principia Partners LLC, thereby adding the Principia Analytic System to its product line alongside ETS, a comprehensive and sophisticated trade management platform designed specifically for Federal Home Loan Banks, GSEs and regional banks.
“The innovative opportunities between ETS and Principia are exceptional, and we can leverage this to provide tremendous value to our clients in a truly short space of time. This acquisition can only deepen and broaden our ability to help our clients - we are incredibly pleased.” said Debashis Sen, co-founder and CEO of Epsilon.
Douglas Long, CEO of Principia agreed: “Principia is delighted to become a part of Epsilon and we look forward to contributing to all their efforts. Our clients will undoubtedly benefit from this transaction as we provide creative solutions backed by a stellar record of delivering services to our clients. The obvious synergy between our two teams and Epsilon’s state-of-the-art trading platform, ETS, will undoubtedly help us to thrive and grow.”
“We are getting so much more than a trusted, market-proven platform,” added Amol Kulkarni, co-founder and President of Epsilon. “It is a remarkable win-win for all parties.”
About Epsilon Technologies Group
Epsilon is a vibrant capital markets technology solutions and services firm serving small and medium-sized financial institutions such as regional banks, Government-Sponsored Enterprises, and Federal Home Loan Banks. The Group’s deep expertise embraces every aspect of software development, products, data, technologies, and consulting. Epsilon offers ETS and Principia Analytic System as licensed products, and various innovative bespoke solutions across a broad set of capital markets domains. Epsilon also offers a full range of consulting services, including implementation, advisory, analytics, risk management, accounting, data modeling.