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A&O Shearman represents Alturus Capital in the sale of Encapture to SMA Technologies

A&O Shearman represented Dallas-based Alturus Capital in its sale of Encapture to Houston-based SMA Technologies.

Encapture is a machine learning platform that accelerates funding times, improves loan margins and reduces regulatory risk for banks, credit unions and fintech lenders. In May 2019, Alturus completed a majority recapitalization and growth equity investment in Encapture. SMA Technologies is backed by Thoma Bravo. The transaction was announced on November 7 in an SMA press release.

Commenting on the deal, M&A partner Kyle Park said, “We are very pleased to have had the opportunity to work with Alturus in its successful divestiture of an important asset. Our involvement in this uniquely Texas-centered transaction underscores the strengths of our attorneys to meet the needs of investors in this dynamic market.”

The A&O Shearman was led by M&A/PE partners Kyle Park and Alain Dermarkar, and included M&A/PE associates Efren Lemus and Elizabeth Robishaw.

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