New Hampshire-based True North Networks acquired by private equity firm

Financial tech firm will remain at its Swanzey headquarters

March 25, 2021

Jeff Feingold,

Bluff Point Associates, a Westport, Conn.-based private equity firm, has acquired True North Networks, a Swanzey, NH-based financial technology company.

Terms of the transaction, which closed March 12, were not disclosed.

True North provides private cloud hosting and cybersecurity services for registered investment advisors and other financial services firms.

Steven Ryder, True North’s president, will continue in his current role, and the company will remain at its New Hampshire headquarters, according to a press release.

Founded by Ryder in 2002, True North an employee-owned firm, which, according to its release, meant that all of its employees benefited from the acquisition.

“We’re excited about the next phase in True North’s evolution, which enhances our ability to offer RIAs the most critical and innovative enterprise-level IT solutions that are compliant with regulatory guidance, along with our world-class expertise and support,” said Ryder.

Categories: News, Technology

More news from NHBR:

New Hampshire Ball Bearings (ashley Saari / Monadnock Ledger Transcript)

Peterborough sells contaminated South Municipal Well to NH Ball Bearings for $110,000

The Peterborough Select Board unanimously approved the $110,000 sale and the company’s conditions to shut down the site on Tuesday

$300,000 Catholic Medical Center investment expands dental and health care access for Manchester’s most vulnerable residents

The investment is the second installment of CMC’s $2 million, three-year commitment to the programs, bringing its total support to date to $600,000

Workforce is both an opportunity and challenge for NH manufacturers

Annual summit scheduled as NH welcomes company from Massachusetts

Study upends claim that affordable housing depresses NH property values

Data from a NH Housing report focused entirely on New Hampshire dispels the notion that affordable housing development in a community depresses the property values of nearby residences

The drive no one should have to make — and the effort underway to end it

If you live in Manchester or Concord, you probably don’t think twice about finding a doctor. There is a specialist within a few miles for almost anything you need. But if you live in Colebrook, or Lancaster, or any one of dozens of small communities spread across New Hampshire’s North Country, the picture looks very different, and the gap between those two realities is wider than most people realize.

Laser eye surgery and cataract surgery return to Berlin after years without local access

Androscoggin Valley Hospital (AVH), a member of North Country Healthcare in Berlin, performed its first cataract surgery in recent memory on August 20, 2026, a milestone made possible through the hospital’s partnership with North Country Ophthalmology, a physician-led alliance of board-certified MD ophthalmologists that began seeing patients at AVH in January.

Jaffrey couple cut energy costs with NHSaves

Evan Clements and Precia Harthcock of Jaffrey love their 1926 home, but they acknowledge the drawbacks of houses built in that era. The room that is now their sitting room, for example, was once a porch that had been enclosed and is noticeably colder than other parts of the house. The second floor was much hotter than the first floor, and their kitchen was drafty.

Applications open for NH Tech Alliance’s 20th Product of the Year

The NH Tech Alliance is seeking applications from New Hampshire technology and life sciences companies for its 20th annual Product of the Year competition, which will showcase some of the state’s most innovative new products and significant product advancements.