Banyan Software acquires Besco

● PLATFORM | HEALTHCARE · Revenue Cycle & Payments

AUGUST 27, 2026

Banyan Software acquires Besco

TARGET

Nomenclature, billing, and administration software plus sterile processing department instrument-tracking SaaS (SteMaTo) for hospitals, healthcare facilities, and insurers in Belgium.

Ownership	Founder-owned
Headcount	2-10 FTEs
Headquarters	Alken, Belgium
Sell-side advisor	—

ACQUIRER

Banyan Software

Permanent-capital serial acquirer of niche enterprise software businesses operating a buy, hold, and grow-for-life strategy.

Ownership	Founder-owned · Norwest Venture Partners, Ares Management, Pacific Lake Partners, Rock Creek Capital, Saltoun Capital Partners
Capital raised	$2.57B
Headcount	3,000+ FTEs
Headquarters	Atlanta, Georgia
Leadership	David Berkal, CEO
Buy-side advisor	—

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Banyan Software -> Besco  (2026-09-18)
consolidator_acquisition | Healthcare | announced
Target: Nomenclature, billing, and administration software plus sterile processing department instrument-tracking SaaS (SteMaTo) for hospitals, healthcare facilities, and insurers in Belgium.
Website: besco.be | Buyer site: banyansoftware.com
HQ: Alken, Belgium | Ownership: founder-owned | Buyer ownership: founder-owned
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/banyan-software-besco.html

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