DataBank, a Merion Portfolio Compay, Acquires Cogniserv
Regional leader in document imaging services joins with DataBank to deliver high performance Business Process Automation and Workflow.
6/24/2014
DataBank Press Release
DataBank IMX, LLC (DataBank) announced today that it has acquired Cogniserv, headquartered in Dallas, TX with offices in Houston.
“The acquisition of Cogniserv builds our business in the Southern US and provides a wealth of additional services to Cogniserv clients.” said Chuck Bauer, Co-founder & CEO of DataBank. “Cogniserv expands our solutions capabilities particularly within the State & Local Government, Energy and Healthcare markets and widens our client base. We are fortunate to have Brian Rathe and Prabhu Karunakaran, co-founders of Cogniserv, join the DataBank team to help us expand in the region.”
We are pleased to announce a successful exit from InteliChart through a recapitalization.