Doxim has acquired Utilitec, a Troy, Michigan-based provider of data processing, e-presentment, bill payment and delivery, and other customer communications solutions for the metered services industry. No financial terms were released for the deal, which follows Doxim's acquisitions earlier this year of Market Connections Inc and MessagingDirect Ltd. Doxim, a Toronto-based provider of customer communications and engagement technology to financial and regulated markets, said the deal expands its focus on the utilities sector. Last year, U.S. private equity firm GI Partners acquired a majority stake in Doxim from Strattam Capital.
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