Tritium Partners takes majority stake in Dallas tech company Giact

Jan 14, 2015
Austin Business Journal

Tritium Partners Inc., an Austin-based investment firm, has taken a majority investment in Giact Systems LLC, a risk management company that focuses on electronic payments, the companies 

announced Monday

Giact Systems officials said in the announcement that the investment will be used to grow the company, but the size of the investment and its terms were not disclosed

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In the announcement, Giact representatives said that the company's co-founder and CEO Melissa Brown and co-founder and CTO Merlin Bise will work closely with Tritium as the company embarks 

on its expansion

"We chose to partner with the Tritium team because of their industry knowledge and their track record of building market leaders," Brown said in the announcement

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