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Like eCommlink, Inc

closed 1/25/2012 via BNC Analysis
 
 
 
 
 
 
 
 

Green Dot Corporation acquired eCommlink, Inc

synopsis: Prepaid debit card provider Green Dot Corp. announced that it has acquired the assets of eCommLink, Inc., a Las Vegas firm that processes card payments for $2.5 million.
buyer: Green Dot Corporation(GDOT:$467.40)
Green Dot Corporation, a prepaid financial services company, together with its subsidiaries, provides money management solutions in the United States. The company offers general purpose reloadable prepaid debit cards, and cash loading and transfer services.
target parent: Syntek Capital AG
target: eCommlink, Inc
eCommLink, Inc., a prepaid processor, develops and provides prepaid debit solutions for financial institutions and program managers. It offers virtual, transaction processing, custom program development, and cardholder services, as well as mobile commerce solutions.
price ($mm)
$2.50
rev ($mm)
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price / rev
price / EBITDA
closed 5/11/2012 via BusinessWire
 
 
 
 
 
 
 
 

Wright Express Corporation acquired CorporatePay

synopsis: Wright Express Corporation, a leading provider of value-based business payment processing and information management solutions, announced that it has acquired the stock of CorporatePay, the largest privately held provider of corporate prepaid solutions to the travel industry in the United Kingdom.
buyer: Wright Express Corporation(WXS:$553.08)
Wright Express is a leading provider of value-based, business payment processing and information management solutions. Its fleet, corporate, and prepaid payment solutions provide its more than 350,000 customers with unparalleled security and control across a wide spectrum of business sectors.
target: CorporatePay
CorporatePay is at the forefront of the rapidly growing digital payments sector. Its innovative and proprietary Prepaid Card Management Platform enables its customers to deliver significant efficiencies in the way they manage payments to employees, agents, suppliers and clients.
price ($mm)
$22
rev ($mm)
EBITDA ($mm)
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announced 4/4/2011 via BusinessWire
 
 
 
 
 
 
 
 

Ingenico SA will purchase U.S. Payment Systems Business from Hypercom Corporation

synopsis: VeriFone Systems, Inc. and Hypercom Corporation have announced that they have reached an agreement to sell the U.S. payment systems business of Global payment technology leader Hypercom to Ingenico S.A. The transaction is expected to close immediately prior to completion of VeriFone’s acquisition of Hypercom.
buyer: Ingenico SA
Ingenico is the no.1 player in the secure electronic payments industry by market share. With over 15 million terminals deployed across 125 countries, the company is the first choice for retailers, banks and payment service providers.
seller: Hypercom Corporation(HYC:$468.45)
Hypercom Corporation is a global payment technology provider that delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits.
price ($mm)
$54
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price / EBITDA
closed 3/31/2011 via PR Newswire
 
 
 
 
 
 
 
 

Pivotal Payments purchased Merchant Portfolio from American National Payments

synopsis: Pivotal Payments announced the acquisition of a merchant portfolio from American National Payments, a company that offers a comprehensive suite of payment processing solutions.The acquisition adds over 2000 merchants to Pivotal Payments' North American portfolio and enhances its sales channels with the addition of an established ISO sales partner.
buyer: Pivotal Payments
Pivotal Payments is a leading provider and processor of merchant services such as credit and debit card processing, electronic check conversion, merchant cash-advance programs, loyalty/gift card programs, and terminal management solutions.
seller: American National Payments
American National Payments, a privately owned corporation founded in 2005 in St. Louis, MO, offers a comprehensive suite of payment processing solutions designed to help merchants, banks and associations process credit, debit and gift cards as well as offering check processing and payroll solutions.
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closed 10/5/2011 via PR Newswire
 
 
 
 
 
 
 
 

TransFirst, LLC acquired US Merchant Services

synopsis: TransFirst®, a leading provider of transaction processing services and payment enabling technologies, has purchased RST Ventures, Inc. dba US Merchant Services (USMS), a provider of electronic payment processing services headquartered in Cypress, California.
buyer parent:Welsh, Carson, Anderson & Stowe
buyer: TransFirst, LLC
A leading provider of secure transaction processing services and payment enabling technologies, TransFirst offers innovative products and services designed with financial institution, independent sales organization, healthcare, e-commerce, government and merchant customers' unique needs in mind.
target: US Merchant Services
US Merchant Services is a provider of electronic payment processing services. It offers a complete array of products and services that can be uniquely customized for the special needs of all sizes and types of merchants.
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closed 10/4/2011 via Market Wire
 
 
 
 
 
 
 
 

BluePay, Inc. acquired Primax

synopsis: BluePay, a leader in credit card processing services, recently announced its acquisition of payment services provider Primax. Primax provides credit card and debit card services to over 100 community financial institutions, in addition to payment solutions for more than 5,000 businesses.
buyer: BluePay, Inc.
Providing the highest level of data security in the industry, BluePay makes U.S. and Canadian credit card processing simple and fast. BluePay is a full-service credit card processor based in Naperville, Illinois, with offices and data centers located across the U.S.
target: Primax
Primax provides payment card (credit, debit, and gift) services to more than 140 community financial institutions throughout the United States and the Caribbean. Primax also services over 5,000 businesses enabling them to accept credit, debit, and gift cards for payment.
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closed 5/2/2011 via BusinessWire
 
 
 
 
 
 
 
 

TSYS Merchant Solutions acquired TermNet Merchant Services, Inc.

synopsis: TSYS announced that it has acquired TermNet Merchant Services, an Atlanta-based merchant acquirer. The company will be re-branded as TSYS and fully integrated into TSYS Merchant Solutions.
buyer parent:Total System Services, Inc.
buyer: TSYS Merchant Solutions
TSYS Merchant Solutions is a top 10 payment processor with over 55 years of experience in the payment acceptance industry. From card terminals to healthcare payment processing, the company's products provide the optimal payment acceptance solution for your business.
target: TermNet Merchant Services, Inc.
TermNet Merchant Services, Inc., a payment processing company, offers merchant and financial institution services in the continental United States. It handles various setup, merchant support, and training services for financial institutions.
price ($mm)
$34
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 4/14/2010 via PR Newswire
 
 
 
 
 
 
 
 

Silver Lake Partners acquired Mercury Payment Systems, Inc.

synopsis: Mercury Payment Systems, one of the fastest-growing payment processing companies in North America, and Silver Lake, the world's largest technology investment firm, jointly announced that Silver Lake will make a strategic growth investment in Mercury and acquire approximately 60% of the Colorado-based business.
buyer: Silver Lake Partners
Silver Lake is the leading private equity firm focused on large-scale investing in technology. Silver Lake's ability to source and structure large-scale, private equity transactions and add value to portfolio companies is unmatched by other private equity firms investing in the technology industry.
target: Mercury Payment Systems, Inc.
Mercury Payment Systems is an integrated transaction processing company created to enhance point-of-sale systems by offering credit, debit, check, gift card and loyalty processing. Mercury's integrated Internet protocol (IP) or dial-up processing solutions are fast, reliable and affordable.
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closed 4/1/2010 via
 
 
 
 
 
 
 
 

Total System Services, Inc. acquired First National Merchant Solutions

synopsis: Total System Services, Inc. ("TSYS") announced the signing of a joint venture agreement with First National Bank of Omaha to form a new company, First National Merchant Solutions, LLC. This gives TSYS a top-10 presence in the merchant acquiring market in the United States.
buyer: Total System Services, Inc.(TSS:$1,808.97)
TSYS is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, debt management, loyalty and prepaid services for financial institutions and retail companies.
target parent: First National Bank of Omaha
target: First National Merchant Solutions
First National Merchant Solutions is a top 10 payment processor with over 50 years of experience in the payment acceptance industry.
price ($mm)
$150*
rev ($mm)
$93
EBITDA ($mm)
price / rev
3.2
price / EBITDA
closed 10/28/2010 via Market Wire
 
 
 
 
 
 
 
 

Flint Telecom Group, Inc acquired Power2Process Inc.

synopsis: Flint Telecom Group, Inc., an International telecoms technology and services organization, announced that it has acquired the entire issued capital of the debit card company -- Ingedigit International Inc. -- and the financial transaction processing company -- Gotham Ingedigit Financial Processing Corp. d.b.a. Power2Process.
buyer: Flint Telecom Group, Inc
Flint Telecom Group Inc. is a fast growing Telecoms Technology Organization with a portfolio of companies that deliver next-generation IP communications Products and Services.
target: Power2Process Inc.
Gotham Ingedigit Financial Processing Corp., which will be renamed as Power2Process Inc., is an advanced financial transaction processing and technology company. Ingedigit International Inc. is an independent sales organization offering International pre-paid debit card services.
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closed 5/16/2012 via BusinessWire
 
 
 
 
 
 
 
 

The Western Union Company acquired Travelex Global Business Payments (France)

synopsis: The Western Union Company announced that it has successfully completed the local acquisition of cross border payments leader Travelex Global Business Payments (TGBP) in France. TGBP is a global foreign exchange specialist providing the payment and receipt of domestic and international funds for businesses of all sizes.
buyer: The Western Union Company(WU:$5,491.40)
The Western Union Company is a leader in global money transfer services. Together with its affiliates, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders.
target parent: Travelex Holdings Limited
target: Travelex Global Business Payments (France)
Travelex Global Business Payments (France) is the French part of Travelex Global Business Payments, a global foreign exchange specialist providing the payment and receipt of domestic and international funds for businesses of all sizes.
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announced 9/29/2010 via BusinessWire
 
 
 
 
 
 
 
 

Payment Data Systems, Inc. will acquire Electronic Recovery Systems LLC

synopsis: Payment Data Systems, Inc. an integrated electronic payments solutions provider, announced it has signed a Letter of Intent to acquire 100% of the assets of Electronic Recovery Systems LLC.
buyer: Payment Data Systems, Inc.
Payment Data Systems is an integrated payment solutions provider to merchants and billers. The organization provides an extensive set of products to deliver world-class payment acceptance. Payment Data has solutions for merchants, billers, banks, service bureaus and card issuers.
target: Electronic Recovery Systems LLC
Electronic Recovery Systems LLC (ERS) offers a variety of world-class Automated Clearing House (ACH) processing solutions, including Return Check Services, Electronic Check Conversion, Consolidated Returns, Check Guarantee, and Check Verification.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
$0
price / rev
price / EBITDA
closed 9/17/2010 via BNC Analysis
 
 
 
 
 
 
 
 

FTV Capital acquired Financial Transaction Services LLC

synopsis: Financial Transaction Services LLC, a full service provider of electronic transaction processing services, announced that it had secured a $50 million growth equity commitment from FTV Capital, a multi-stage private equity firm that invests in high-growth companies.
buyer: FTV Capital
FTV Capital invests in software, business services and financial services companies on behalf of its investors. Among them are several banks, such as Bank of America, Citigroup, KeyBank, which is based in Cleveland, and PNC Bank, which has a large local presence.
target: Financial Transaction Services LLC
Financial Transaction Services is a full service provider of electronic transaction processing services for merchants, independent sales organizations (ISOs) and financial institutions.
price ($mm)
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announced 9/16/2010 via PR Newswire
 
 
 
 
 
 
 
 

Net1 U.E.P.S. Technology Inc will acquire KSNET, Inc.

synopsis: Net 1 UEPS Technologies, Inc. announced that it has agreed to acquire 98.73% of KSNET, Inc. ("KSNet"), a leading Republic of Korea payment processor, for a purchase price of approximately 270 billion Korean won.
buyer: Net1 U.E.P.S. Technology Inc(UEPS:$280.36)
Net1 provides its universal electronic payment system, or UEPS, as an alternative payment system for the unbanked and under-banked populations of developing economies.
target: KSNET, Inc.(:$80.16)
KSNet services a broad range of industries in Korea, including credit card, retail and wholesale merchant, financial institutions, governmental organizations, utility companies and e-commerce businesses.
price ($mm)
$243*
rev ($mm)
$80
EBITDA ($mm)
price / rev
3.1
price / EBITDA
announced 9/7/2010 via PR Newswire
 
 
 
 
 
 
 
 

Equens SE will acquire montrada GmbH

synopsis: Equens SE - one of the largest payment and card processors in Europe - is to acquire all shares in montrada GmbH, a German card acquiring and network service providing company, which is currently wholly owned by Commerzbank AG.
buyer: Equens SE
Equens SE is one of the largest payment processors in Europe, leading the market for future-proof payment and card solutions. Thanks to an extensive and competitive range of services, the company seamlessly meets the requirements and wishes of the European payments market.
target parent: Commerzbank AG
target: montrada GmbH
montrada GmbH operates as an independent card-services enterprise offering a complete service package for cashless payments. This ranges from consultancy to selecting the ideal payment method, to providing on-site terminal installations and customer support.
price ($mm)
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closed 9/30/2010 via BusinessWire
 
 
 
 
 
 
 
 

Apollo Management, L.P. acquired Evertec, Inc.

synopsis: Popular, Inc. announced the completion of the merger pursuant to which funds managed by Apollo Management, L.P. acquired a 51% interest in Popular’s processing subsidiary, EVERTEC, and related processing businesses, through the establishment of a joint venture.
buyer: Apollo Management, L.P.(APO:$171.63)
Apollo is among the most active and successful private investment firms in the United States. Apollo has managed the investment of an aggregate of approximately $13 billion in equity capital in corporate transactions in a wide variety of industries, both domestically and internationally.
target parent: Popular, Inc.
target: Evertec, Inc.
Evertec, Inc. provides a complete array of billing and payment solutions for businesses, companies, and financial institutions.
price ($mm)
$640*
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 6/23/2009 via PR Newswire
 
 
 
 
 
 
 
 

BancTec, Inc. acquired Privatgirot AB

synopsis: BancTec, Inc., a global provider of advanced, high-volume, document and payment processing solutions and services has extended the reach of its BPO offerings through the acquisition of Privatgirot AB, one of the largest providers of payment and document services in the Nordic region of Europe.
buyer: BancTec, Inc.
BancTec helps clients around the world simplify the process of managing their information. Founded in 1972, the company provides a wide range of solutions for automating complex, high-volume and data-intensive business processes.
target: Privatgirot AB
Privatgirot AB, is recognized for its expertise in the handling, scanning, interpretation and archiving of financial information. . Each year, Privatgirot processes approximately 110 million paper-based payments and 10 million electronic payments.
price ($mm)
$4.11
rev ($mm)
$18
EBITDA ($mm)
price / rev
.2
price / EBITDA
closed 6/15/2009 via BusinessWire
 
 
 
 
 
 
 
 

Consorteum Holdings, Inc. merged with Consorteum, Inc.

synopsis: Consorteum Holdings Inc. has acquired Consorteum Inc., a systems integrator within the financial services, payment and transaction processing industries, a Canadian-based provider of payment and transaction solutions.
buyer: Consorteum Holdings, Inc.(CSRH:$0.00)
Consorteum Holdings is a holding company which acquires mezzanine-stage companies, provides structured funding to the portfolio companies based upon the meeting of intermediate goals and provides business and management guidance and mentoring to assist in the growth of the portfolio companies.
target: Consorteum, Inc.
Consorteum provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies.
price ($mm)
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announced 4/27/2009 via Market Wire
 
 
 
 
 
 
 
 

3i Infotech Limited will purchase National Retail Lockbox Business from J.P. Morgan Treasury Services

synopsis: 3i Infotech, a global provider of IT solutions, announced that it has entered into an agreement to acquire J.P. Morgan Treasury Services' national retail lockbox business (NRLB). 3i Infotech's subsidiary, Regulus Group, is currently the largest outsourced remittance processing provider in the U.S.
buyer: 3i Infotech Limited
3i Infotech provides software solutions for the banking, insurance, capital markets, mutual funds, government, manufacturing, retail and distribution verticals. The company services customers in over 45 countries across 5 continents.
seller parent: J.P. Morgan Chase & Co.
seller: J.P. Morgan Treasury Services
The Treasury Services business of J.P. Morgan is a top-ranked, full-service provider of innovative payment, collection, liquidity and investment management, trade finance, commercial card and information solutions to businesses and governments worldwide.
price ($mm)
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closed 6/30/2009 via PR Newswire
 
 
 
 
 
 
 
 

Advent International Corporation purchased Payment Processing Unit from Fifth Third Bancorp

synopsis: Fifth Third Bancorp and Advent International announced the consummation of their joint venture transaction for Fifth Third's processing business. Advent is purchasing an approximate 51% interest in Fifth Third's merchant acquiring and financial institutions businesses.
buyer: Advent International Corporation
Advent International has one of the world's largest and most experienced private equity teams, with over 100 investment professionals in 15 countries. As an active, hands-on investor, we apply our resources, expertise and experience to help management teams achieve their growth objectives.
seller: Fifth Third Bancorp(FITB:$6,673.00)
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $120 billion in assets, operates 16 affiliates with 1,308 full-service Banking Centers, including 93 Bank Mart locations open seven days a week.
price ($mm)
$561*
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target
closed 1/25/2012 via BNC Analysis

Green Dot Corporation acquired eCommlink, Inc

synopsis: Prepaid debit card provider Green Dot Corp. announced that it has acquired the assets of eCommLink, Inc., a Las Vegas firm that processes card payments for $2.5 million.
buyer: Green Dot Corporation(GDOT:$467.40)
Green Dot Corporation, a prepaid financial services company, together with its subsidiaries, provides money management solutions in the United States. The company offers general purpose reloadable prepaid debit cards, and cash loading and transfer services.
target parent: Syntek Capital AG
target: eCommlink, Inc
eCommLink, Inc., a prepaid processor, develops and provides prepaid debit solutions for financial institutions and program managers. It offers virtual, transaction processing, custom program development, and cardholder services, as well as mobile commerce solutions.
price ($mm)
$2.50
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 4/4/2012 via BusinessWire

Green Dot Corporation acquired Loopt, Inc.

synopsis: Green Dot Corporation, a provider of widely distributed, low-cost banking and payment solutions to a broad base of U.S. consumers, announced it has completed the acquisition of privately-held Loopt, Inc., a social-mapping service that provides a way for friends to connect, share, and explore in the mobile environment.
buyer: Green Dot Corporation(GDOT:$467.40)
Green Dot Corporation, a prepaid financial services company, together with its subsidiaries, provides money management solutions in the United States. The company offers general purpose reloadable prepaid debit cards, and cash loading and transfer services.
target: Loopt, Inc.
Loopt, Inc. provides a social-mapping service. The company provides a way for friends to connect, share, and explore in the mobile environment. It shows users where friends are located and what they are doing via detailed, interactive maps on their mobile phones.
price ($mm)
$43
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/25/2012 via BNC Analysis

Green Dot Corporation acquired eCommlink, Inc

synopsis: Prepaid debit card provider Green Dot Corp. announced that it has acquired the assets of eCommLink, Inc., a Las Vegas firm that processes card payments for $2.5 million.
buyer: Green Dot Corporation(GDOT:$467.40)
Green Dot Corporation, a prepaid financial services company, together with its subsidiaries, provides money management solutions in the United States. The company offers general purpose reloadable prepaid debit cards, and cash loading and transfer services.
target parent: Syntek Capital AG
target: eCommlink, Inc
eCommLink, Inc., a prepaid processor, develops and provides prepaid debit solutions for financial institutions and program managers. It offers virtual, transaction processing, custom program development, and cardholder services, as well as mobile commerce solutions.
price ($mm)
$2.50
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 3/15/2011 via PR Newswire
 
 
 
 
 
 
 
 

REDtone International Bhd. acquired QianYue

synopsis: REDtone Asia, Inc., through its wholly-subsidiary Shanghai Hongsheng Net Telecommunications Company Limited, has acquired the entire paid-up capital of Shanghai QianYue Business Administration Co., Ltd., an established prepaid shopping-card issuer in Shanghai.
buyer parent:Hotgate Technology, Inc.
buyer: REDtone International Bhd.
A leading broadband service provider and Multimedia Super Corridor (MSC) status company, REDtone constantly strives to provide better technology and performance, better value, better customer service and better applications and solutions to its customers.
target parent: QianYue
target: QianYue
Shanghai QianYue Business Administration Co., Ltd. is an established prepaid shopping-card issuer in Shanghai. Its "VeryPass" prepaid shopping cards are targeted for online shopping and for use at retail outlets.
price ($mm)
$1.20
rev ($mm)
EBITDA ($mm)
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closed 10/28/2010 via PR Newswire
 
 
 
 
 
 
 
 

Grupo Marcatel acquired Vivaro Corporation

synopsis: Grupo Marcatel has successfully completed the acquisition of Vivaro Corporation, a company dedicated to the sale and distribution of pre-paid calling cards in the United States.
buyer: Grupo Marcatel
Grupo Marcatel is a Mexican corporation and a key player within the telecommunications industry in America, Africa, Europe and Asia, with outstanding presence in Canada, United States, Venezuela, Colombia, Chile, Argentina, Brasil, Great Britain, Spain, South Africa and Mexico.
target: Vivaro Corporation
Vivaro Corporation provides innovative Telecommunications and Financial Services products to the fast-growing Hispanic community. Headquartered in New York City, Vivaro has a strong international presence and regional offices throughout the United States.
price ($mm)
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closed 10/28/2010 via PR Newswire
 
 
 
 
 
 
 
 

Grupo Marcatel acquired STi Prepaid

synopsis: Grupo Marcatel has successfully completed the acquisition of STi Prepaid, a company dedicated to the sale and distribution of pre-paid calling cards in the United States.
buyer: Grupo Marcatel
Grupo Marcatel is a Mexican corporation and a key player within the telecommunications industry in America, Africa, Europe and Asia, with outstanding presence in Canada, United States, Venezuela, Colombia, Chile, Argentina, Brasil, Great Britain, Spain, South Africa and Mexico.
target: STi Prepaid
STi Prepaid is one of the largest calling cards companies in the U.S. (More than 240 million phone cards each year). It is positioned globally within the top 10 international carriers for minute termination (more than 750 destinations).
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closed 7/19/2007 via
 
 
 
 
 
 
 
 

JLL Partners acquired Skylight Financial, Inc.

synopsis: Skylight Financial, an industry-leading issuer, acquirer, marketer and processor of debit accounts and stored value cards, to join portfolio of JLL Partners.
buyer: JLL Partners
Founded in 1988, JLL Partners is among the leading private equity investment firms in the country. Since inception, we have managed a series of private equity funds aggregating approximately $4 billion in committed capital.
target parent: GTCR Golder Rauner
target: Skylight Financial, Inc.
Skylight Financial, Inc. is an industry-leading issuer, acquirer, marketer and processor of debit accounts and stored value cards. Skylight has established itself as the leading payroll card provider through its flagship debit card product, the Skylight Debit Card Account.
price ($mm)
$100
rev ($mm)
EBITDA ($mm)
$7
price / rev
price / EBITDA
14
closed 4/30/2008 via PR Newswire
 
 
 
 
 
 
 
 

Intrepid Global Imaging 3D, Inc. acquired First Versatile Smartcard Solutions Corporation

synopsis: VERSA CARD, INC., formerly Intrepid Global Imaging 3D, Inc. completed the acquisition of 100% of the stock of First Versatile Smartcard Solutions Corporation, a private Philippine company solely owned by the MacKay Group Limited, a Hong Kong company pursuant to a Stock Purchase Agreement.
buyer: Intrepid Global Imaging 3D, Inc.
Intrepid Global Imaging 3D, Inc. does not have significant operations. It intends to develop an interactive web portal that will contain games, merchandizing, and activities inspired by the ‘Manga’ theme. The company was founded in 1998 and is based in Birmingham, Michigan.
target: First Versatile Smartcard Solutions Corporation
Versacard is a multiple application electronic purse on a smart card. Simply put, it is an electronic payment system using a pre-paid contactless cash card. It can be used to pay for your purchases/transactions.
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closed 8/11/2008 via BusinessWire
 
 
 
 
 
 
 
 

MoneyGram International, Inc. acquired Cambios Sol S.A.

synopsis: MoneyGram International, a leading global payment services company, today announced it has acquired Cambios Sol S.A. as part of the company’s strategy to accelerate expansion and assume more control over network growth and distribution in key send markets.
buyer: MoneyGram International, Inc.(MGI:$1,194.50)
MoneyGram International is a high-performance payment and financial services company that efficiently and economically moves money around the world or close to home.
target: Cambios Sol S.A.
Cambios Sol S.A. is a money transfer entity in Spain.
price ($mm)
$0.40
rev ($mm)
EBITDA ($mm)
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closed 8/11/2008 via BusinessWire
 
 
 
 
 
 
 
 

MoneyGram International, Inc. acquired MoneyCard World Express, S.A.

synopsis: MoneyGram International, a leading global payment services company, has acquired MoneyCard World Express, S.A. as part of the company’s strategy to accelerate expansion and assume more control over network growth and distribution in key send markets.
buyer: MoneyGram International, Inc.(MGI:$1,194.50)
MoneyGram International is a high-performance payment and financial services company that efficiently and economically moves money around the world or close to home.
target: MoneyCard World Express, S.A.
MoneyCard World Express, S.A. is a money transfer entity in Spain.
price ($mm)
$2.00
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 7/1/2005 via Company Press Release
 
 
 
 
 
 
 
 

eFunds Corporation acquired WildCard Systems, Inc.

synopsis: eFunds Corporation, a leading provider of risk management, electronic payments and global outsourcing solutions announced today that it has completed the acquisition of WildCard Systems, Inc.
buyer: eFunds Corporation
eFunds Corporation provides risk management, electronic payment, and outsourcing solutions worldwide. It operates in three segments: US Payments, US Risk Management, and International.
target: WildCard Systems, Inc.
WildCard Systems is the global solutions leader in turnkey host based prepaid cards and custom stored-value products. The company offers an array of commercial and consumer stored-value products that are made available to end-users through banks and commercial clients. WildCard Systems is certified
price ($mm)
$288
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price / EBITDA
announced 3/12/2012 via BusinessWire
 
 
 
 
 
 
 
 

FleetCor Technologies, Inc. will purchase Tebca and Servitebca from NovoPayment, Inc.

synopsis: FleetCor Technologies, Inc., a global provider of fuel cards and specialized payment services to businesses, announced that it has signed definitive agreements to acquire the Mexican assets of NovoPayment’s subsidiaries Tebca and Servitebca.
buyer: FleetCor Technologies, Inc.(FLT:$0.00)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe.
seller: NovoPayment, Inc.
NovoPayment, Inc.is Latin America’s leading prepaid card service provider and program manager. The company is the region’s first non-financial institution to be granted a Principal Member license by MasterCard Worldwide for the issuance of branded prepaid cards.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 4/11/2011 via Market Wire
 
 
 
 
 
 
 
 

First California Financial Group, Inc. purchased Electronic Banking Solutions from Palm Desert National Bank

synopsis: First California Financial Group, Inc., the holding company of First California Bank, announced that First California Bank has completed the previously announced acquisition of the Electronic Banking Solutions division of Palm Desert National Bank.
buyer: First California Financial Group, Inc.(FCAL:$117.21)
First California Financial Group, Inc. is the holding company of First California Bank. First California offers a full line of quality commercial banking products through 19 full-service branch offices.
seller: Palm Desert National Bank
Palm Desert National Bank's Electronic Banking Solutions division is a leader in the electronic payment industry with a history of successful stored value prepaid card programs and merchant acquiring programs.
price ($mm)
$5.50
rev ($mm)
$3
EBITDA ($mm)
price / rev
1.8
price / EBITDA
closed 12/16/2010 via BusinessWire
 
 
 
 
 
 
 
 

Kensington Leasing, Ltd. acquired Allianex, LLC

synopsis: Kensington Leasing, Ltd., announced that it has completed its acquisition of substantially all of the assets of Allianex, LLC for $2.09 (mm). Allianex is among the industry leaders in private label product development, support, and implementation.
buyer: Kensington Leasing, Ltd.(KNSL:$0.00)
Kensington Leasing, Ltd. is a development stage company and intends to lease specialized computer equipment and provide support services for professionals. The company was incorporated in 2008 and is based in Redlands, California.
target: Allianex, LLC
Allianex is among the industry leaders in private label product development, support, and implementation. Allianex offers customized solutions that maximize sales and provides excellent profit opportunities and increasing retention rates.
price ($mm)
$2.09
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 4/2/2012 via Yahoo, Inc.
 
 
 
 
 
 
 
 

SkyBank Financial acquired PCI Professionals

synopsis: SkyBank Financial, the leader in electronic payment processing, has announced the acquisition of PCI Professionals. With the addition of PCI Professional’s product set, customer base, and sales force, SkyBank Financial enhances its position as the leading strategic electronics payments company for retailers and brands of all sizes.
buyer: SkyBank Financial
SkyBank Financial is a leader in electronic payment processing for small and mid-sized companies in the United States and Latin America.
target: PCI Professionals
CI Professionals is a full service payment processing company offering all types of businesses an array of services including credit card processing, debit card processing, cash advance, electronic benefits transfer, electronic check services, gift card and loyalty programs, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 9/5/2006 via PR Newswire
 
 
 
 
 
 
 
 

BankServ acquired Magex Managed Payments Platform

synopsis: BankServ has acquired Magex Managed Payments Platform, a division of financial technology developer Magex Holdings Ltd. The Magex Managed Payments Platform division is the producer of P2P systems that let consumers exchange money over the Internet or using their mobile phones.
buyer: BankServ
Since its inception in 1996, BankServ has been dedicated to developing new technology to move money quickly and safely over electronic networks. BankServ is a leading global provider of secure Fed wire transfer, SWIFT, Check 21 and ACH payment solutions for banks, governments and businesses.
target: Magex Managed Payments Platform
Magex Managed Payments Platform is a division of financial technology developer Magex Holdings Ltd. The Magex Managed Payments Platform division is the producer of P2P systems that let consumers exchange money over the Internet or using their mobile phones.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 3/24/2010 via PE Hub
 
 
 
 
 
 
 
 

T-Venture Holding GmbH acquired FIRSTGATE Holding AG

synopsis: Deutsche Telekom has acquired all remaining shares in ClickandBuy, a European digital payments platform and e-payments system. Deutsche Telekom already held a 20.2% stake via its venture capital subsidiary.
buyer: T-Venture Holding GmbH
T-Venture, the Venture Capital Company of Deutsche Telekom, was founded in 1997. T-Venture advises and looks after young, innovative enterprises which show economical and technological synergies with the business units of Deutsche Telekom.
target: FIRSTGATE Holding AG
FIRSTGATE Holding is the parent company of ClickandBuy, one of the leading premier online payment services. Certified by McAfee and tested by Germany’s Technical Inspection and Testing Association (TUV), this online payment system is used for internet purchases by over 13 million people.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
announced 11/18/2009 via Company Press Release
 
 
 
 
 
 
 
 

American Express Company will acquire Revolution Money

synopsis: American Express Company announced that it has agreed to acquire Revolution Money, a Revolution LLC company. Revolution Money provides secure payments through an internet based platform. No names or account numbers appear on Revolution cards and transactions are authorized by using a PIN number.
buyer: American Express Company(AXP:$30,242.00)
The American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, insurance and international banking.
target parent: Revolution, LLC.
target: Revolution Money
Revolution Money's RevolutionCard provides consumers with enhanced PIN-based securit and RevolutionMoneyExchange is an online payment service that offers consumers an easy, secure and free way to instantly send and receive money online.
price ($mm)
$305
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 11/7/2008 via BusinessWire
 
 
 
 
 
 
 
 

eBay acquired Bill Me Later, Inc.

synopsis: eBay Inc., completed its previously announced acquisition of Bill Me Later, the number two online-oriented payments brand, for approximately $820 million in cash and approximately $125 million worth of outstanding options, net of option exercise proceeds.
buyer: eBay(EBAY:$11,651.65)
eBay pioneers communities built on commerce, sustained by trust and inspired by opportunity. eBay enables e-commerce on a local, national and international basis with an array of websites that bring together millions of buyers and sellers every day.
target: Bill Me Later, Inc.
Bill Me Later is a convenient and secure way to pay on the web or over the phone. Bill Me Later lets users pay without using a credit card. At checkout, provide your birthday and the last four digits of your social security number and your purchase is complete.
price ($mm)
$817
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 6/9/2011 via BusinessWire
 
 
 
 
 
 
 
 

Visa, Inc. acquired Fundamo

synopsis: Visa Inc., a global leader in payments, announced that it is acquiring Fundamo, a leading platform provider of mobile financial services for mobile network operators and financial institutions in developing economies. Fundamo’s platform enables the delivery of mobile financial services to unbanked and under-banked consumers around the world.
buyer: Visa, Inc.(V:$9,188.00)
Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency.
target: Fundamo
Fundamo’s Enterprise Mobile Financial Services platform is architected for configurability and scalability to evolve with the needs of mobile subscribers to deliver increasingly compelling, tailored and differentiated mobile financial services as the market matures.
price ($mm)
$110
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 6/18/2009 via BNC Analysis
 
 
 
 
 
 
 
 

Boku, Inc. acquired Paymo

synopsis: Boku Inc. has raised $13 million in venture funding and acquired both Paymo and Mobillcash. Boku enables mobile payments for virtual goods on Webs sites and in games in 53 countries on 193 carriers, including on all major U.S. carriers. Purchases appear on consumers' mobile phone bills.
buyer: Boku, Inc.
The Boku payments service enables consumers to make online purchases of digital and virtual goods with their mobile phones. The company is creating a new standard for mobile transactions by bringing bank-grade mobile payments to the Web.
target: Paymo
Paymo is the trusted mobile payment system that allows consumers anywhere in the world to buy online and pay with their mobile phone. Paymo is the world's first globally available mobile payment network.
price ($mm)
$13
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 6/18/2009 via BNC Analysis
 
 
 
 
 
 
 
 

Boku, Inc. acquired Mobillcash

synopsis: Boku Inc. has raised $13 million in venture funding and acquired both Paymo and Mobillcash. Boku enables mobile payments for virtual goods on websites and in games in 53 countries on 193 carriers, including on all major U.S. carriers. Purchases appear on consumers' mobile phone bills.
buyer: Boku, Inc.
The Boku payments service enables consumers to make online purchases of digital and virtual goods with their mobile phones. The company is creating a new standard for mobile transactions by bringing bank-grade mobile payments to the Web.
target: Mobillcash
Mobillcash is a global mobile payments platform that makes your mobile phone the standard way to pay for goods and services online.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 7/21/2005 via Company Press Release
 
 
 
 
 
 
 
 

First Data Corporation acquired EuroProcessing International

synopsis: First Data Corp., a global leader in electronic commerce and payment services, announced today that it has completed the acquisition of EuroProcessing International, a major card processor in Central and Eastern Europe (CEE).
buyer: First Data Corporation
First Data Corp. is a leading provider of electronic commerce and payment solutions for businesses worldwide. First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment.
target: EuroProcessing International
EuroProcessing International is a major card processor in Central and Eastern Europe (CEE).
price ($mm)
$100
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target

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Geography
Matching Companies
Ticker: WXS
 
 
 
 
 
 
 
 
Wright Express Corporation
Wright Express is a leading provider of value-based, business payment processing and information management solutions. Its fleet, corporate, and prepaid payment solutions provide its more than 350,000 customers with unparalleled security and control across a wide spectrum of business sectors.
year
2011
rev ($mm)
$553.08
EBITDA ($mm)
$284.15
EBIT ($mm)
$238.78
Net Income ($mm)
$133.62
Employees
899
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Ticker:
 
 
 
 
 
 
 
 
American National Payments
American National Payments, a privately owned corporation founded in 2005 in St. Louis, MO, offers a comprehensive suite of payment processing solutions designed to help merchants, banks and associations process credit, debit and gift cards as well as offering check processing and payroll solutions.
year
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Cielo S.A.
Cielo S.A. is the leading merchant acquirer and payment processor in Brazil, engaged in merchant affiliations, management of the card acceptance network, as well as the capture, transmission, processing and settlement of credit and debit card transactions.
year
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Payment Systems Group, Inc.
Payment Systems Group, Inc. (PSG) has been the industry leader in Biweekly Payment Services since 2000. PSG has processed billions of dollars of payments for auto, mortgage, student loan, and residential rent payments.
year
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Ticker: TNS
 
 
 
 
 
 
 
 
TNS, Inc.
TNS, Inc.
Transaction Network Services (TNS) is an international data communications company that enables payments, money and voices, to move around the world. TNS’ mission is to enable the world to transact.
year
2009
rev ($mm)
$474.82
EBITDA ($mm)
$114.66
EBIT ($mm)
$50.06
Net Income ($mm)
Employees
1163
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Ticker:
 
 
 
 
 
 
 
 
Equens SE
Equens SE is one of the largest payment processors in Europe, leading the market for future-proof payment and card solutions. Thanks to an extensive and competitive range of services, the company seamlessly meets the requirements and wishes of the European payments market.
year
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FEXCO
FEXCO, a privately owned company based in Ireland, is a global provider of Merchant, Business and Consumer Services including Money Transfer. Being a partner focused organisation with a strong entrepreneurial spirit has enabled us to be a market leader in our specialised solutions.
year
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ITEX Corporation
ITEX is a leading marketplace for cashless business transactions across North America. ITEX processes over $170 million a year in transactions across 13,000 member businesses and sixty regional licensees. Member businesses increase sales and open new markets by utilizing ITEX dollars.
year
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Merchant Focus Processing, Inc.
Merchant Focus Processing, Inc., is a full service eCommerce Merchant Account and payment gateway provider, providing the ability to accept credit card payments for Internet, mail/phone order, retail, and auction businesses.
year
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Ticker:
 
 
 
 
 
 
 
 
MOL Global Pte. Ltd.
MOL is a MSC Malaysia Status Company that operates and develops payment systems. MOL handles over 60,000,000 payment transactions a year with an annual payment volume of over US$200 million.
year
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North American Bancard
Headquartered in Troy, Michigan, North American Bancard is a multi-faceted payment solutions provider dedicated to providing the latest technology as well as committing to the highest service levels.
year
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Ticker:
 
 
 
 
 
 
 
 
Payment Alliance International, Inc.
Payment Alliance International is a leader in the payment processing industry offering credit card, check, ATM network management, cash management and business information services. PAI has become one of the fastest growing companies in America and today's largest privately held ATM operator.
year
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Ticker:
 
 
 
 
 
 
 
 
Springbok Services, Inc.
A leading provider of customized prepaid card programs since 1998, Springbok Services has pioneered the development of full-service, multi-touch prepaid solutions that deliver results.
year
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Ticker:
 
 
 
 
 
 
 
 
Systems@Work Pte Ltd
Systems@Work operates an enterprise grade payment gateway on 24×7 availability with full segregation of production, staging, test and DR environments.
year
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Ticker: MGI
 
 
 
 
 
 
 
 
MoneyGram International, Inc.
MoneyGram International, Inc.
MoneyGram International is a high-performance payment and financial services company that efficiently and economically moves money around the world or close to home.
year
2009
rev ($mm)
$1,194.50
EBITDA ($mm)
$227.30
EBIT ($mm)
$133.00
Net Income ($mm)
$113.10
Employees
2306
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Ticker: GDOT
 
 
 
 
 
 
 
 
Green Dot Corporation
Green Dot Corporation, a prepaid financial services company, together with its subsidiaries, provides money management solutions in the United States. The company offers general purpose reloadable prepaid debit cards, and cash loading and transfer services.
year
2011
rev ($mm)
$467.40
EBITDA ($mm)
$95.78
EBIT ($mm)
$83.45
Net Income ($mm)
$52.08
Employees
464
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Ticker:
 
 
 
 
 
 
 
 
AccountNow, Inc.
AccountNow, Inc., San Ramon, California, has rapidly grown its reloadable consumer prepaid debit card business, to more than $2 billion dollars in annual transaction volume, by offering features and benefits traditionally reserved for customers with banking relationships.
year
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Ticker:
 
 
 
 
 
 
 
 
Alphyra
alphyra is Europe’s largest independent cash acceptance network. Headquartered in Dublin, with operations in 19 countries across Europe, we implement and operate payment networks processing over 350 million transactions per year – with a value in excess of €9 billion. Across a European network of 12
year
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MH Pillars Ltd.
MH Pillars Ltd.
MH Pillars is a prominent player in the UK market proposing and providing white label prepaid card solutions for customers worldwide. Shedding anonymity as a white label solution, MH Pillars' next evolutionary step was to enter the digital wallet and payment processing market.
year
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Ticker:
 
 
 
 
 
 
 
 
NovoPayment, Inc.
NovoPayment, Inc.
NovoPayment, Inc.is Latin America’s leading prepaid card service provider and program manager. The company is the region’s first non-financial institution to be granted a Principal Member license by MasterCard Worldwide for the issuance of branded prepaid cards.
year
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Ticker:
 
 
 
 
 
 
 
 
SkyBank Financial
SkyBank Financial
SkyBank Financial is a leader in electronic payment processing for small and mid-sized companies in the United States and Latin America.
year
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Ticker:
 
 
 
 
 
 
 
 
Pay88 Inc
Pay88 is focused on the business of facilitating electronic money transfers from the United States to China. Electronic money transfers are transfers of funds via the internet between consumers from one location to another.
year
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Ticker:
 
 
 
 
 
 
 
 
Boku, Inc.
The Boku payments service enables consumers to make online purchases of digital and virtual goods with their mobile phones. The company is creating a new standard for mobile transactions by bringing bank-grade mobile payments to the Web.
year
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  • drill down
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Ticker:
 
 
 
 
 
 
 
 
Obopay
Obopay is the first truly comprehensive mobile payment service in the United States. That means we're the only service that lets you instantly get, send and spend money anywhere, anytime with anyone.
year
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Ticker:
 
 
 
 
 
 
 
 
Hosted Data Transaction Solutions Inc.
Hosted Data Transaction Solutions Inc. engages in the business of managing merchant transactions with consumers and facilitating payment. The Dexit Prepaid Payment Service solution is suited for corporate and institutional cafeteria environments.
year
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Ticker:
 
 
 
 
 
 
 
 
NEOVIA Financial Plc
NEOVIA Financial Plc specialise in safe payment and money transfer services, giving merchants and consumers the freedom to manage and move their money online. The company works to remove the risks of variable factors such as identity, currency exchange and distance.
year
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Ticker: MBFI
 
 
 
 
 
 
 
 
MB Financial, Inc.
With over $8 billion in assets, MB Financial, Inc. has grown substantially over the past several years. MB Financial, Inc. is the Chicago-based holding company for MB Financial Bank in Chicago.
year
2009
rev ($mm)
$518.69
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
1638
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Ticker: BNX
 
 
 
 
 
 
 
 
Banks.com, Inc.
Banks.com, Inc. operates Internet media properties that provide targeted online advertising and services primarily in the financial services sector. Banks.com provides access to financial content, including financial news, blogs, interest-rate tables, stock quotes, and financial calculators.
year
2009
rev ($mm)
$11.48
EBITDA ($mm)
$3.48
EBIT ($mm)
$1.72
Net Income ($mm)
$0.29
Employees
24
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Ticker:
 
 
 
 
 
 
 
 
Hi-Media Group
Hi-media, the online media group, is one of the top Internet publishers in the world with more than 50 million unique visitors per month on its proprietary websites. Hi-media is also a leading European player in online advertising and electronic payment.
year
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Ticker: CATM
 
 
 
 
 
 
 
 
Cardtronics, Inc.
Cardtronics, Inc.
Cardtronics is the world's largest non-bank owner of ATMs. The Company operates over 37,100 ATMs in the United States, the United Kingdom, Mexico, and the Caribbean, primarily with well-known retailers such as 7-Eleven, Chevron, Costco, CVS/pharmacy, and ExxonMobil.
year
2010
rev ($mm)
$532.08
EBITDA ($mm)
$127.11
EBIT ($mm)
$68.91
Net Income ($mm)
$40.96
Employees
535
  • drill down
  • watch

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