JEGI LEONIS has advised DTS Connex on its sale to Fifth Third.
Founded in 1996, DTS Connex is a leader in cash management software solutions for multi-location businesses such as retailers, restaurants and healthcare providers. The DTS Connex service links these businesses to their banks, couriers, and cash management devices to share real-time transaction information across operational platforms. DTS Connex’s technology solutions address the complex and complicated needs of clients seeking to increase efficiency, transparency and oversight in cash logistics management.
The acquisition of DTS Connex adds expanded capabilities in cash logistics offerings, infrastructure and risk management to Fifth Third’s Commercial Payments business. It strengthens the company’s capacity to automate cash operations and enhances collaboration across the cash ecosystem through advanced data sharing. With the unmatched expertise, technology, and scale of the DTS Connex team, Fifth Third is positioned to deliver more integrated and forward-thinking cash logistics software solutions that will accelerate growth across the industry.