2025 Mid-Year Highlights: A Letter from Vencora CEO, Mike Dufton

Following a year of strong execution and growth in 2024, Vencora entered 2025 with significant momentum and a continued focus on building a long-term home for financial services software companies. In the first half of this year, our team has delivered on that ambition: growing our portfolio, strengthening our businesses, and reinforcing the values that drive us.

Since January, we’ve completed the acquisition of a new banking technology business, hosted global gatherings of our leaders and teams, and continued to support our companies in their missions to grow, innovate, and deliver value to their customers.

Here are some of the key highlights from the first half of 2025:

Acquisitions

In May, Vencora completed its first acquisition of an Australian-based banking technology business, welcoming Data Action to the portfolio. With a long history of serving financial institutions across Australia, Data Action brings to Vencora a strong customer base, deep technical capability, and a talented team dedicated to driving long-term growth.

Data Action becomes Vencora’s 18th brand and greatly expands our presence within Australia. The company will continue to operate independently, while leveraging Vencora’s expertise, global best practices and collaborative portfolio environment to fuel innovation and long-term growth.

Networking and Learning Events

Vencora leaders and up-and-comers also had the opportunity to meet, network and learn from other team members from across the portfolio and industry leaders at several global events.

This April, we hosted our third annual Vencora Elevate event in Coral Gables, Florida, bringing together our M&A team from across Vencora for a week of learning, strategic planning, and connection. This year’s event focused on tackling new strategies to engage with prospects and scaling growth through shared best practices.

In May, Vencora team members from its businesses operating across the Americas met in Costa Rica for the Vencora Americas Value Creation Summit. Through engaging sessions, attendees learned new insights through practical tools like the 7 Wastes framework. These events continue to deepen collaboration across teams and regions, sparking new ideas and efficiencies across our teams.

Our teams have also remained active in the industry. So far this year, Vencora has participated in several leading conferences and tradeshows, including: Insurtech Live 2025 in Sydney, Insurtech Insights in both London and New York City, ITC Asia, Frankfurt Digital Finance, the Association for Financial Technology (AFT) Spring Summit, Digital Bank LATAM and Febraban Tech in São Paulo. These conferences give us the opportunity to connect with industry leaders and stay close to the trends shaping our markets.

Looking Forward

Vencora is now home to over 1,600 employees and 18 companies that collectively serve more than 2,400 customers globally. As we move into the second half of 2025, our goal is to continue driving growth across the portfolio, while ensuring each company in our ecosystem has the support, expertise, and autonomy it needs to thrive.

As we continue building momentum into the second half of the year, our teams will continue to have opportunities to network and leverage the portfolio to learn new insights. This includes the return of our Shared Services Summit, which will take place in Montreal in September, bringing together our Finance, Legal, HR, and IT teams from across the Vencora portfolio for a week of collaboration and shared learning.

Vencora will also continue to be present at several key industry tradeshows around the world, including CLAB 2025 in Buenos Aires, ITC Vegas, and the AFT Fall Summit in Banff, Canada.

I want to thank every member of the Vencora team for your contributions so far this year. Your hard work and commitment have been essential to everything we’ve accomplished, and I’m excited to see what we’ll achieve in the months ahead.

If you’re interested in learning more about Vencora, and how we support our businesses, please connect with us.

Mike Dufton

CEO, Vencora