Like Randall Data Systems

closed 2/1/2017 via BusinessWire

i3 Verticals, LLC, acquired Randall Data Systems

synopsis: i3 Verticals, a growing technology and payment processing company, announced the expansion of its business in the healthcare industry vertical through the completion of acquisition for Randall Data Systems, which is the largest Michigan-based source for CounterPoint SQL, retail point of sale and inventory control software from Radiant Systems.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Randall Data Systems
Randall Data Systems provides custom accounting and inventory management solutions for the emerging microcomputer market to a broad range of healthcare and healthcare-related organizations. Randall Data Systems is the largest NCR Counterpoint-SQL provider in Michigan.
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closed 9/9/2020 via Company Press Release

N. Harris Computer Corporation, acquired SourceGroup

synopsis: Harris, a global vertical market software provider and acquirer, has acquired SourceGroup CBO, L.L.C (SourceGroup), a medical billing software provider. SourceGroup offers a comprehensive, web-based medical billing solution designed to streamline and improve accounts receivable management.
buyer parent: Constellation Software, Inc.
buyer: N. Harris Computer Corporation
Headquartered in Canada, Harris provides feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies. Harris' focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers over time. "
target: SourceGroup
SourceGroup is a medical billing software provider. SourceGroup offers a comprehensive, web-based medical billing solution designed to streamline and improve accounts receivable management. The company also offers services for Harris' CareTracker practice management and EHR software products.
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closed 5/2/2016 via GlobeNewswire

DAS Health, purchased EHR and Practice Management Business from Jackson Key Practice Solutions

synopsis: DAS Health, a leading provider of patient-centric health IT and management services, announced the acquisition of the EHR and Practice Management business of Jackson Key Practice Solutions, an Alabama-based reseller of RCM solutions, Practice Management, and EHR technologies.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to many physician groups, hospitals and healthcare systems across North America. "
seller: Jackson Key Practice Solutions
The Electronic Health Record (EHR) and Practice Management (PM) business of Jackson Key Practice Solutions involves the implementation and installation of Aprima EHR and PM Software.
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closed 6/5/2013 via BNC Analysis

Claris Networks, LLC, acquired MindLinx

synopsis: Claris Networks, a cloud computing and information technology company, has acquired MindLinx Technology Solutions, a Nashville-based information technology company. MindLinx hosts practice management and electronic medical record applications. It offers one of the most affordable and reliable technology platforms in the Southeast.
buyer: Claris Networks, LLC
Claris Network is East Tennessee's Premier cloud computing and managed services IT consulting firm. With locations in Knoxville and Chattanooga. Claris Networks provides IT consulting, IT support, and IT management services through advanced information technology solutions. "
target: MindLinx
MindLinx has hosted practice management and electronic medical record applications. It offers one of the most affordable and reliable technology platforms in the Southeast.
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closed 2/1/2017 via BusinessWire

i3 Verticals, LLC, acquired CSC Links

synopsis: i3 Verticals, LLC, a growing technology and payment processing company, announced the expansion of its business in the healthcare industry vertical through the completion of acquisition for CSC Links, LLC., headquartered in Nashville, Tennessee. CSC Links provides a number of payment solutions and methodologies centered around vertical markets.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: CSC Links
CSC Links, founded in 2008, provides a number of payment solutions and methodologies centered around vertical markets, specifically in the healthcare and non-profit verticals.
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closed 4/30/2014 via GlobeNewswire

Etransmedia Technology, Inc., acquired Medical Billing Solutions Services, Inc.

synopsis: Etransmedia Technology, Inc, a provider of integrated software and services to hospitals, health systems and physicians nationwide, announced the acquisition of Pittsburgh-based company, Medical Billing Solutions (MBSS). MBSS provides a range of revenue cycle management and accounts receivable management services to the healthcare industry.
buyer: Etransmedia Technology, Inc.
Etransmedia develops and delivers integrated cloud-based software and services to hospitals, health systems and physicians. Their solutions include revenue cycle management service, the Connect2Care software platform, which includes an integrated EHR/PM, financial analytics, and patient engagement. "
target: Medical Billing Solutions Services, Inc.
Medical Billing Solutions Services, Inc. provides a range of revenue cycle management and accounts receivable management services to the healthcare industry.
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closed 1/2/2019 via GlobeNewswire

DAS Health, acquired Altex Business Solutions

synopsis: DAS Health, an industry leader in health IT and management, announced it completed the acquisition of Altex Business Solutions, one of the leading providers of Electronic Medical Records software, Practice Management software, Dell hardware and Cisco networking solutions for every category of Physician practices.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to independent physician groups, hospitals and healthcare systems across North America. Headquartered in Tampa, FL, DAS delivers superior health IT, medical billing and practice management solutions. "
target: Altex Business Solutions
Altex Business Solutions is one of the leading providers of Electronic Medical Records software, Practice Management software, Dell hardware and Cisco networking solutions for every category of Physician practices.
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closed 11/10/2011 via PR Newswire

Millennium Healthcare Solutions Inc., acquired Premier Technology Resources, LLC

synopsis: Millennium HealthCare Inc. completed its acquisition of Premier Technology Resources, LLC, a New York based company specializing in medical billing, collection and software consulting and implementation services to the healthcare community.
buyer parent: Zen Holding Corp.
buyer: Millennium Healthcare Solutions Inc. (OTCPK:MHCC:$4.80)
Millennium HealthCare Solutions Inc. serves as a leading medical device, medical technology and medical/healthcare services company through its subsidiaries Millennium Coding & Billing Specialists LLC, Millennium ProComm LLC and Millennium Medical Devices LLC. "
target: Premier Technology Resources, LLC
Premier Technology Resources, LLC provides innovative medical billing and technology solutions to maximize revenue and reduce overhead expenses. The company combines its industry experience and professionalism with advanced web based medical billing software.
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closed 10/25/2010 via PR Newswire

Entrust Healthcare, acquired PRISMA Systems Medical Billing

synopsis: Entrust Healthcare announced it has expanded its physician billing and revenue cycle consulting services with the acquisition of PRISMA Systems Medical Billing. Entrust Practice Services has been created to provide a more comprehensive set of revenue cycle services.
buyer: Entrust Healthcare
Entrust Healthcare is a full service consulting and services firm specifically designed for physician practices, ambulatory care, diagnostic and surgery centers, urgent care providers and community medical centers. "
target: PRISMA Systems Medical Billing
Thousand Oaks, California based PRISMA Systems Medical Billing has been providing physician billing services and claims processing software consulting to provider practices in Southern California for the past 13 years.
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announced 12/6/2006 via PR Newswire

MED3000, Inc., will acquire HealthServe, LLC

synopsis: MED3OOO, Inc., a national healthcare management and technology company, has agreed to acquire Columbus, OH-based HealthServe, LLC, a full-service practice management, technology solutions and revenue cycle management company focused on the physician and EMS marketplace.
buyer: MED3000, Inc.
MED3OOO, a leader in healthcare management and technology, advances the performance of group medical practices and physician networks. Focused on the provision of Evidence-Based Management and Evidence-Based Medicine, MED3OOO empowers over 7,000 physician, hospital, and health system clients. "
target: HealthServe, LLC
HealthServe is a full-service physician practice management and EMS billing company offering management services and information technology solutions to healthcare providers throughout the Midwest region.
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closed 11/19/2020 via BusinessWire

Medsphere Systems Corporation, acquired Micro-Office Systems

synopsis: Medsphere Systems Corporation has acquired Micro-Office Systems (MOS) to further enhance the value and usability of Medsphere’s affordable healthcare IT solutions and services. MOS creates in-between technology that streamlines the functionality of various platforms and applications to the benefit of administrators, clinicians, and patients.
buyer: Medsphere Systems Corporation
Medsphere is an organization of committed clinical and technology professionals working to positively impact patient care by delivering healthcare IT solutions for providers of every size and budget. Medsphere’s portfolio includes CareVue, Wellsoft EDIS and urgent care solutions, and RCM Cloud. "
target: Micro-Office Systems
Micro-Office Systems (MOS) creates in-between technology that streamlines the functionality of various platforms and applications to the benefit of administrators, clinicians, and patients. The MOS product portfolio includes integration solutions, interfaces, patient portals, and more.
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announced 11/29/2016 via BNC Analysis

Senior Solution, will acquire att/PS Informática S.A.

synopsis: Senior Solution, one of the leading providers on the development and commercialization of software applications, has announced the purchase of ATT/PS Informatica S.A., a 26-year-old software provider for the financial sector, specializing in solutions for banks, pension providers and healthcare operators.
buyer: Senior Solution (SNSL3:$34.43)
Senior Solution operates for more than 17 years in the Brazilian IT industry and is one of the leading providers on the development and commercialization of software applications for the financial sector in Brazil. "
target: att/PS Informática S.A.
att/PS Informática S.A. develops custom solutions and integrated systems. They are one of the 200 largest technology companies in Brazil. The company was founded in 1989 and is based in Belo Horizonte, Brazil with an additional office in São Paulo, Brazil.
price ($mm)
$15
rev ($mm)
$15
EBITDA ($mm)
EV / rev
1.3x
EV / EBITDA
closed 3/5/2014 via BNC Analysis

MedStatix, acquired Blue Ocean Solutions & Support

synopsis: MedStatix has acquired Blue Ocean Solutions & Support. Blue Ocean is an IT and practice management consulting firm that provides infrastructure, Electronic Medical Records (EHR/EMR), website development and updated knowledge of government programs for clients in family practice, infectious disease, OB/GYN, ophthalmology, otolaryngology and urology.
buyer: MedStatix
MedStatix is a specialty-specific patient experience solution for physicians that is affordable and simple-to-use. Their surveys and mobile tools are created in cooperation with leading physician experts and leverage sophisticated engagement technology to build personal relationships with patients. "
target: Blue Ocean Solutions & Support
Blue Ocean is an IT and practice management consulting firm that provides infrastructure, Electronic Medical Records (EHR/EMR), website development and updated knowledge of government programs for clients in family practice, infectious disease, OB/GYN, ophthalmology, otolaryngology and urology.
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announced 8/16/2011 via BusinessWire

NextGen Healthcare Information Systems, Inc., will acquire CQI Solutions, Inc.

synopsis: Quality Systems, Inc. ("QSI") has entered into an agreement to acquire CQI Solutions, Inc. ("CQI"), a provider of surgery information systems installed at more than 100 of the nation’s premier hospitals. CQI will become part of QSI’s wholly owned subsidiary, NextGen Healthcare Information Systems, Inc.
buyer parent: Quality Systems, Inc.
buyer: NextGen Healthcare Information Systems, Inc. (:$531.77)
NextGen Healthcare Information Systems, Inc. develops computer-based practice management and electronic medical records systems, and provides related services to medical group practices and healthcare systems. "
target: CQI Solutions, Inc.
CQI Solutions, Inc. is a provider of surgery information systems. It offers a range of solutions, including hospital-wide patient scheduling, patient tracking boards, clinical department procedural costing & charge capture, complete surgical services management and electronic charting.
price ($mm)
$5.60
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closed 8/6/2020 via BNC Analysis

SYSTEMX, acquired Penaranda Informatique SAS

synopsis: SYSTEMX, a French software publisher that specializes in medical imaging, has acquired Penaranda Informatique from e-MEDIA, a French software company. Penaranda Informatique is a French company specializing in Radiology Information Systems (RIS). Penaranda Informatique provides installation, maintenance and repair services for RIS solutions.
buyer: SYSTEMX
SYSTEMX is a French software publisher that specializes in medical imaging. SYSTEMX offers medical imaging and workflow management solutions that meets the needs of every medical imaging center. Their web-based solutions enable radiology professionals to efficiently manage their business and images."
target parent: E-Media SARL
target: Penaranda Informatique SAS
Penaranda Informatique is a French company specializing in Radiology Information Systems (RIS). Penaranda Informatique provides installation, maintenance and repair services for RIS solutions. They provide their clients with secure and efficient systems to help them grow their business.
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closed 3/19/2010 via BusinessWire

Francisco Partners, acquired QuadraMed Corporation

synopsis: QuadraMed® Corporation, a leading provider of healthcare information technologies and services that help turn quality care into positive financial outcomes, announced the completion of its acquisition by Francisco Partners, one of the world’s largest technology-focused private equity firms.
buyer: Francisco Partners
Francisco Partners is one of the world's largest technology-focused private equity funds. The firm was founded to pursue structured investments in technology companies at strategic, technological, and operational inflection points. "
target: QuadraMed Corporation
QuadraMed is a leading provider of innovative healthcare technologies that streamline processes, ensure compliance, help healthcare professionals deliver quality patient care, and turn quality care into positive financial outcomes.
price ($mm)[EV]
$125 [$110]
rev ($mm)
$145
EBITDA ($mm)
$14
EV / rev
0.8x
EV / EBITDA
7.7x
closed 12/1/2020 via GlobeNewswire

DAS Health, acquired RandallTech

synopsis: DAS Health Ventures, Inc., an industry leader in health IT and management, announced it completed the acquisition of Randall Technology Services, LLC (RandallTech) a healthcare and managed IT company based in Amarillo, TX.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to independent physician groups, hospitals, and healthcare systems. DAS delivers superior health IT, Revenue Cycle Management medical billing, value-based care, and practice management solutions. "
target: RandallTech
Randall Technology Services, LLC (RandallTech) is a healthcare and managed IT company based in Amarillo, TX. They monitor, maintain and support clinics across the U.S. in their use of Allscripts Professional EHR & Practice Management.
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closed 10/29/2020 via BusinessWire

Frazier Healthcare Partners, acquired Accuity Delivery Systems

synopsis: Frazier Healthcare Partners, a Seattle-based healthcare investment firm, acquired Accuity Delivery Systems, a leading provider of technology-enabled Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.
buyer: Frazier Healthcare Partners
Frazier Healthcare Partners is a leading middle market private equity firm focused exclusively on healthcare. With more than $4.8 billion total capital raised, Frazier has invested in more than 200 companies. "
target: Accuity Delivery Systems
Accuity is a leading provider of technology-enabled Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.
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closed 7/8/2019 via PR Newswire

iMedX, Inc., acquired Prevalent, Inc. and Axcension, Inc.

synopsis: iMedX, Inc., an international leader in revenue cycle management, medical documentation, and health information solutions has successfully completed the acquisition of Prevalent, Inc. and Axcension, Inc. Both Axcension and Prevalent are proven providers of cutting-edge healthcare analytics and revenue cycle management consulting services.
buyer parent: RFE Investment Partners
buyer: iMedX, Inc.
iMedX is an integrated medical document management and health information solutions company. iMedX offers a full suite of high-value revenue cycle management solutions including medical transcription, medical coding services, results-based consulting, and data analytics. "
target: Prevalent, Inc. and Axcension, Inc.
Prevalent enables providers to achieve financial excellence through data analytics, custom technology solutions, and revenue cycle management and recovery services. Axcension provides leading-edge analytics and develops customized technology solutions for leading healthcare providers across the US.
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closed 3/27/2019 via Company Press Release

BESLER Consulting, acquired Essential Consulting, LLC

synopsis: BESLER, a market leader in revenue recovery and hospital reimbursement solutions, announced the acquisition of Essential Consulting LLC, which assists providers in managing healthcare services with IT based solutions through financial and operational issues.
buyer: BESLER Consulting
BESLER combines healthcare finance expertise with proprietary technology to help hospitals improve revenue and reimbursement integrity. Their revenue recovery and reimbursement solutions have delivered over $2 billion of additional revenue to hundreds of hospitals across the United States. "
target: Essential Consulting, LLC
Essential Consulting LLC assists providers in managing healthcare services with IT based solutions through financial and operational issues. Their services support providers in resolving performance and profitability challenges faced on a daily basis.
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closed 2/1/2017 via BusinessWire

i3 Verticals, LLC, acquired Randall Data Systems

synopsis: i3 Verticals, a growing technology and payment processing company, announced the expansion of its business in the healthcare industry vertical through the completion of acquisition for Randall Data Systems, which is the largest Michigan-based source for CounterPoint SQL, retail point of sale and inventory control software from Radiant Systems.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Randall Data Systems
Randall Data Systems provides custom accounting and inventory management solutions for the emerging microcomputer market to a broad range of healthcare and healthcare-related organizations. Randall Data Systems is the largest NCR Counterpoint-SQL provider in Michigan.
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closed 2/5/2021 via BusinessWire

i3 Verticals, LLC, acquired Business Information Systems, Inc.

synopsis: i3 Verticals, Inc. announced the acquisition of substantially all of the assets of Business Information Systems, GP and Business Information Systems, Inc. (collectively “BIS”), a business based in east Tennessee that provides software and electronic payment solutions in a variety of states.
buyer: i3 Verticals, LLC (IIIV:$152.34)
Helping drive the convergence of software and payments, i3 Verticals delivers integrated payment and software solutions to small- and medium-sized businesses and organizations in vertical markets, such as education, non-profit, the public sector, and healthcare and the B2B payments market. "
target: Business Information Systems, Inc.
Business Information Systems (BIS) is a data systems design partnership company founded in 1977 to help businesses and municipalities find solutions by using the latest computer technology and programming techniques.
price ($mm)
$88
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closed 11/25/2020 via BusinessWire

i3 Verticals, LLC, acquired ImageSoft

synopsis: i3 Verticals, a provider of integrated payment and software solutions to small- and medium-sized businesses and other organizations, has acquired ImageSoft, a provider of document and process management solutions to automate, streamline, and improve workplace operations.
buyer: i3 Verticals, LLC (IIIV:$152.34)
Helping drive the convergence of software and payments, i3 Verticals delivers integrated payment and software solutions to small- and medium-sized businesses and organizations in vertical markets, such as education, non-profit, the public sector, and healthcare and the B2B payments market. "
target: ImageSoft
ImageSoft integrates document and process management solutions to automate, streamline, and improve workplace operations. Through its services and solutions, ImageSoft empowers courts, the government, and insurance agencies to achieve a more efficient, paperless process.
price ($mm)
$40
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closed 6/3/2019 via GlobeNewswire

i3 Verticals, LLC, acquired Pace Payment Systems, Inc.

synopsis: i3 Verticals, Inc. announced the acquisition of Pace Payment Systems, Inc. Pace markets, distributes and sells payment processing products and services, primarily through integrated partnerships in the Public Sector and Education verticals. Through its products, Pace enables its customers to access complete transaction flows in real time.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals delivers seamlessly integrated payment and software solutions to small- and medium-sized businesses and other organizations in strategic vertical markets, such as education, non-profit, public, property management, and healthcare and to the business-to-business payments market. "
target: Pace Payment Systems, Inc.
Pace markets, distributes and sells payment processing products (including software products) and services, primarily through integrated partnerships in the Public Sector and Education verticals. Through its products, Pace enables its customers to access complete transaction flows in real time.
price ($mm)
$53
rev ($mm)
$29
EBITDA ($mm)
EV / rev
2.5x
EV / EBITDA
closed 4/8/2019 via GlobeNewswire

i3 Verticals, LLC, acquired NET Data Corporation

synopsis: i3 Verticals, Inc. has acquired Northeast Texas Data, LLC and Graves Humphries Stahl, LLC (collectively, “Net Data”). Net Data provides software and services for municipalities and local governments, primarily within Texas. The platform provides solutions for judicial management, property tax collection, court records, and more.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals delivers seamlessly integrated payment and software solutions to small- and medium-sized businesses and other organizations in strategic vertical markets, such as education, non-profit, public, property management, and healthcare and to the business-to-business payments market. "
target: NET Data Corporation
Net Data provides software and services for municipalities and local governments, primarily within Texas. The platform provides solutions for judicial management, property tax collection, court records, law enforcement and traffic violations, and other programs critical to local governments.
price ($mm)
$24
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closed 3/13/2019 via PR Newswire

i3 Verticals, LLC, acquired iGov Solutions

synopsis: i3 Verticals has acquired iGov Solutions, a one-stop shop for regulatory licensing software solutions. The company created a state-of-the-art software product, Integrated Licensing and Enforcement Management System known as iLEMS™, as a commercial off-the-shelf and SaaS product.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals delivers seamlessly integrated payment and software solutions to small- and medium-sized businesses and other organizations in strategic vertical markets, such as education, non-profit, public, property management, and healthcare and to the business-to-business payments market. "
target: iGov Solutions
iGov Solutions is a one-stop shop for regulatory licensing software solutions. The company created a state-of-the-art software product, Integrated Licensing and Enforcement Management System known as iLEMS™, as a commercial off-the-shelf and SaaS product.
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closed 2/1/2017 via BusinessWire

i3 Verticals, LLC, acquired Randall Data Systems

synopsis: i3 Verticals, a growing technology and payment processing company, announced the expansion of its business in the healthcare industry vertical through the completion of acquisition for Randall Data Systems, which is the largest Michigan-based source for CounterPoint SQL, retail point of sale and inventory control software from Radiant Systems.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Randall Data Systems
Randall Data Systems provides custom accounting and inventory management solutions for the emerging microcomputer market to a broad range of healthcare and healthcare-related organizations. Randall Data Systems is the largest NCR Counterpoint-SQL provider in Michigan.
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closed 2/1/2017 via BusinessWire

i3 Verticals, LLC, acquired CSC Links

synopsis: i3 Verticals, LLC, a growing technology and payment processing company, announced the expansion of its business in the healthcare industry vertical through the completion of acquisition for CSC Links, LLC., headquartered in Nashville, Tennessee. CSC Links provides a number of payment solutions and methodologies centered around vertical markets.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: CSC Links
CSC Links, founded in 2008, provides a number of payment solutions and methodologies centered around vertical markets, specifically in the healthcare and non-profit verticals.
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closed 6/1/2016 via BusinessWire

i3 Verticals, LLC, acquired Axia Payments, LLC

synopsis: i3 Verticals, LLC, a rapidly growing technology and payment processing company, announced the acquisition of Axia Payments, LLC, headquartered in Santa Barbara, California. Axia, founded in 1999, provides electronic payment processing services to a broad range of business, government and non-profit organizations.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Axia Payments, LLC
Axia Payments, LLC, founded in 1999, provides electronic payment processing services to a broad range of business, government and non-profit organizations.
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closed 4/19/2016 via BusinessWire

i3 Verticals, LLC, acquired Bill & Pay

synopsis: i3 Verticals, LLC, a rapidly growing technology and payment processing company, announced the acquisition of Bill & Pay, headquartered in Minneapolis, MN. Bill & Pay is a comprehensive invoicing and payment software solution for businesses that works with any merchant account to accept checking account, credit card and PayPal payments online.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Bill & Pay
Bill & Pay is an award-winning product that provides businesses an affordable and easy-to-use online invoice delivery and payment system. Any size business can now afford to e-mail invoices and accept ACH (e-checks) or credit card payments online.
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closed 4/19/2016 via BusinessWire

i3 Verticals, LLC, acquired Esber Cash Register

synopsis: i3 Verticals, a rapidly growing technology and payment processing company, acquired Esber Cash Register (ECR). ECR provides school systems in Ohio and Western Pennsylvania with a cost-effective method to host an online payment program through a secure web-based system which simplifies payment, collection and balancing of funds for school districts.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Esber Cash Register
Esber Cash Register provides school systems in Ohio and Western Pennsylvania with a cost-effective method to host an online payment program through a secure web-based system, which simplifies payment, collection and balancing of funds for school districts.
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closed 8/12/2015 via BusinessWire

i3 Verticals, LLC, acquired Infintech

synopsis: i3 Verticals, LLC, a rapidly growing technology and payment processing company, announced the closing of the acquisition of Infintech, based in Cincinnati, Ohio. Infintech is a payment processor with an annual volume of more than $2 billion in credit card processing.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology and integrated payments provider for a range of industry verticals throughout the United States. "
target: Infintech
Infintech offers the latest payment equipment and cutting-edge technologies available. Payment processing solutions include retail, mobile and online terminals, integration with nearly all POS systems, smartphone payments and e-commerce and shopping cart integration.
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closed 8/12/2015 via BusinessWire

i3 Verticals, LLC, acquired RUPractical.com

synopsis: i3 Verticals, LLC, a rapidly growing technology and payment processing company, announced the closing of the acquisition of RUPractical.com (Practical Business Solutions), headquartered in West Palm Beach, Florida. PBS is a leading provider in the electronic payments industry.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals, LLC is a technology and integrated payments provider for a range of industry verticals throughout the United States. "
target: RUPractical.com
RUPractical.com (Practical Business Solutions), headquartered in West Palm Beach, Florida with additional facilities thought the United States is a leading provider in the electronic payments industry.
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closed 8/12/2015 via BusinessWire

Data Business Systems, acquired Local Level

synopsis: i3 Verticals, LLC, a rapidly growing technology and payment processing company, announced the closing of the acquisition of Local Level. Local Level will be integrated into i3 Verticals’ subsidiary, Data Business Systems. Local Level is a software company serving K-12 schools that helps schools organize admissions and events.
buyer parent: i3 Verticals, LLC
buyer: Data Business Systems
Data Business Systems (DBS) specializes in the education software and payments sector. By leveraging technology to provide school districts with integrated, district-wide solutions, DBS serves more than 5,500 schools with approximately 3 million students. "
target: Local Level
Local Level is a software company serving K-12 schools. Local Level is an online custom event registration, sales and ticketing service, including Athletic Events, Camps, Conferences, Dances, Dues, Fundraisers, General Admission, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/4/2014 via BusinessWire

Charge Payment, LLC, acquired Payment Systems

synopsis: Charge Payment, LLC, a rapidly growing technology and payment processing company announced the completion of its acquisition of Payment Systems, the industry leader in biweekly payment services since 2000.
buyer: Charge Payment, LLC (IIIV:$152.34)
Charge Payment, LLC is a technology centric payment company focused on providing solutions to its clients throughout the U.S. These solutions help their clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Payment Systems
Payment Systems Group, Inc. (PSG) has been the industry leader in Biweekly Payment Services since 2000. PSG has processed billions of dollars of payments for auto, mortgage, student loan, and residential rent payments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/4/2014 via BusinessWire

Charge Payment, LLC, acquired Data Business Systems

synopsis: Charge Payment, LLC has acquired Data Business Systems (DBS). DBS specializes in the education software and payments sector. By leveraging technology to provide school districts with integrated, district-wide solutions, DBS today serves more than 5,500 schools with approximately 3 million students.
buyer: Charge Payment, LLC (IIIV:$152.34)
Charge Payment, LLC is a technology centric payment company focused on providing solutions to its clients throughout the U.S. These solutions help their clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Data Business Systems
Data Business Systems (DSB) specializes in the education software and payments sector. By leveraging technology to provide school districts with integrated, district-wide solutions, DBS serves more than 5,500 schools with approximately 3 million students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/4/2014 via BusinessWire

Charge Payment, LLC, acquired Advanced Payment Solutions, LLC

synopsis: Charge Payment, LLC acquired Advanced Payment Solutions. Advanced Payment Solutions is an Independent Sales Organization offering a full array of payment options for businesses that need to accept, Credit, Debit, Gift & Fleet Cards, Check and Recurring payments.
buyer: Charge Payment, LLC (IIIV:$152.34)
Charge Payment, LLC is a technology centric payment company focused on providing solutions to its clients throughout the U.S. These solutions help their clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
target: Advanced Payment Solutions, LLC
Advanced Payment Solutions (APS) is an Independent Sales Organization offering a full array of payment options for businesses that need to accept, Credit, Debit, Gift & Fleet Cards, Check and Recurring payments. APS has solutions for businesses that need E-Commerce, Mobile and Wireless solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/20/2013 via BusinessWire

US Data Capture, Inc. merged with Charge Payment, LLC,

synopsis: US Data Capture, Inc. ("USDC") announced that it has merged with Charge Payment, LLC. USDC was founded in 1991 and provides a broad range of payment processing services. Peter A. Gatof, President of USDC, and his team will continue to operate USDC in Rye Brook, NY, as a wholly owned subsidiary of Charge Payment.
buyer: Charge Payment, LLC (IIIV:$152.34)
Charge Payment, LLC is a credit and debit card transaction processing company focused on providing processing services to merchants throughout the U.S. The company was formed to complete the acquisition of the assets of Trust One Payment Services, Inc. "
target: US Data Capture, Inc.
US Data Capture provides a broad range of payment processing services. As a technology focused payment processor, USDC has differentiated itself by providing superior service and support to its credit card accepting merchants.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/2/2013 via BusinessWire

Charge Payment, LLC, acquired Trust One Payment Services, Inc.

synopsis: Trust One Payment Services, Inc. announced that it has been purchased by Charge Payment, LLC, a newly formed company based in Nashville, TN. Trust One, which was founded in April 2005, provides credit and debit card processing services to small- and mid-sized business merchants, primarily in the southeastern United States.
buyer: Charge Payment, LLC (IIIV:$152.34)
Based in Nashville, Tennessee, Charge Payment, LLC is a credit and debit card transaction processing company focused on providing processing services to merchants throughout the U.S. The company was formed to complete the acquisition of the assets of Trust One Payment Services, Inc. "
target: Trust One Payment Services, Inc.
Trust One Payment Services was founded in 2005, and their management team has been providing credit card processing services since 1989. Through their network of agents and agent banks, they specialize in offering innovative card processing solutions and ATM programs to merchants nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2020 via BNC Analysis

Türkiye Is Bankasi A.S, will acquire Moka Odeme Kurulusu A.S.

synopsis: Turkiye Is Bankasi (Isbank), Turkey's first national bank, will acquire Moka, a digital payment services provider in Turkey. Moka provides online and mobile payment solutions for businesses of all sizes. Their virtual POS solution enables businesses to quickly and securely receive payments via SMS, e-mail, debit cards, and credit cards.
buyer: Türkiye Is Bankasi A.S (IBSE:ISCTR:$3,818.65)
Turkiye Is Bankasi (Isbank) is Turkey's first national bank. Isbank offers personal and commercial banking services. They also offer mobile banking, internet banking, telephone banking, and call center services. Isbank has 1,400 local and overseas branches and operates over 6,000 ATMs in Turkey. "
target: Moka Odeme Kurulusu A.S.
Moka is a digital payment services provider in Turkey. Moka provides online and mobile payment solutions for businesses of all sizes. Their virtual POS solution enables businesses to quickly and securely receive payments via SMS, e-mail, debit cards, and credit cards.
price ($mm)
$3.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/25/2019 via BusinessWire

NXGEN, acquired BluePay Canada

synopsis: NXGEN and Payscape, two premier payments companies recently backed by Parthenon Capital, announced their latest acquisition, BluePay Canada, formerly known as Caledon Computer Systems, Inc. BluePay is a leading provider of technology-enabled payment processing solutions designed to meet the unique needs of merchants throughout the US and Canada.
buyer parent: Parthenon Capital Partners
buyer: NXGEN
NXGEN International is the largest global merchant service provider serving over 13,000 merchants in multiple countries. Payscape is a premier financial technology company providing payment solutions to a network of more than 11,000 small and medium-sized merchants. "
target parent: Fiserv, Inc.
target: BluePay Canada
BluePay is a leading provider of technology-enabled payment processing solutions designed to meet the unique needs of merchants throughout the US and Canada. They offer efficient, cost-effective and secure payment solutions that scale and develop as merchants’ businesses grow.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/20/2019 via PE Hub

The Beekman Group, LLC, acquired Convenient Payments

synopsis: The Beekman Group (Beekman), a leading private equity firm, has a acquired a majority stake in Convenient Payments LLC, an advanced technology provider of end-to-end payment solutions, integration platforms and stored-value products. Convenient Payments offers a robust payment processing solution for credit/debit card and ACH/ECheck transactions.
buyer: The Beekman Group, LLC
The Beekman Group is a leading private equity firm, based in New York, dedicated to bringing financial and operational resources to lower middle-market companies. Beekman's team consists of experienced private equity professionals who are leading executives in Beekman's targeted industry segments. "
target: Convenient Payments
Convenient Payments is an advanced technology provider of end-to-end payment solutions, integration platforms and stored-value products. Convenient Payments offers a robust payment processing solution for industries wanting to accept credit/debit card and ACH/ECheck transactions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/29/2019 via BusinessWire

Fiserv, Inc., acquired First Data Corporation

synopsis: Fiserv, a global leader in financial services technology solutions, has acquired First Data Corporation, a global leader in commerce-enabling technology. The company is dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day.
buyer: Fiserv, Inc. (FISV:$14,852.00)
Fiserv is a global leader in financial services technology solutions. They're helping more than 12,000 clients worldwide create and deliver experiences for a digital world that's always on. Solutions that enable consumers to move and manage money with ease, speed and convenience. "
target parent: Kohlberg Kravis Roberts & Co.
target: First Data Corporation (FDC:$8,679.00)
First Data is a global leader in commerce-enabling technology. The company is dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year.
price ($mm)
$22,000
rev ($mm)
$8,679
EBITDA ($mm)
$3,301
EV / rev
2.5x
EV / EBITDA
6.7x
closed 7/6/2017 via BusinessWire

First Data Corporation, acquired CardConnect

synopsis: First Data, a global leader in commerce-enabling technology and solutions, has completed the acquisition of CardConnect, a leading provider of payment processing and technology solutions, helping more than 67,000 organizations, from independent coffee shops to iconic global brands, accept billions of dollars in card transactions each year.
buyer parent: Kohlberg Kravis Roberts & Co.
buyer: First Data Corporation (FDC:$8,679.00)
First Data is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in countries around the world. They are dedicated to helping companies conduct commerce everyday by securing and processing transactions."
target: CardConnect (CCN:$615.96)
CardConnect is a leading provider of payment processing and technology solutions, helping more than 67,000 organizations, from independent coffee shops to iconic global brands, accept billions of dollars in card transactions each year.
price ($mm)
$750
rev ($mm)
$616
EBITDA ($mm)
$27
EV / rev
1.2x
EV / EBITDA
27.8x
announced 12/19/2016 via BusinessWire

Senjo Group, will acquire Kalixa

synopsis: Senjō Group, a global payments operator and FinTech investment firm, has entered into an agreement with GVC Holdings PLC to acquire its payments processing business Kalixa Group. Kalixa is one of the leading providers of payment services in the world and enables consumers, small business and merchants to make and accept payments.
buyer: Senjo Group
Senjō is an international payments operator and a new type of FinTech investor – combining operational expertise with global reach, and strong financial capability. "
target parent: GVC Holdings PLC
target: Kalixa
Kalixa is a fully integrated digital payments company which provides a cost effective product, simple service model and one point of contact for customers across all of their payment needs.
price ($mm)
$30
rev ($mm)
$24
EBITDA ($mm)
EV / rev
1.6x
EV / EBITDA
closed 8/1/2016 via BusinessWire

FinTech Acquisition Corp., merged with CardConnect

synopsis: FinTech Acquisition Corp. announced that it completed the acquisition of CardConnect LLC. CardConnect is a payment processing and technology solutions provider that helps more than 60,000 merchants across the U.S. accept billions of dollars in card transactions each year.
buyer: FinTech Acquisition Corp. (FNTC:$0.00)
FinTech Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. "
target parent: FTV Capital
target: CardConnect (CCN:$615.96)
CardConnect is a leading provider of payment processing and technology services that helps more than 60,000 merchants across the U.S., from Fortune 500 companies to small and mid-sized businesses, accept billions of dollars in card transactions each year.
price ($mm)
$350
rev ($mm)
EBITDA ($mm)
EV / rev
EV / 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 (CCN:$615.96)
Financial Transaction Services is a full service provider of electronic transaction processing services for merchants, independent sales organizations (ISOs) and financial institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/4/2021 via GlobeNewswire

Nuvei, acquired Base Commerce

synopsis: Nuvei Corporation, the global payment technology partner of thriving brands, has acquired substantially all of the assets of Base Commerce, LLC, a leading provider of integrated payment solutions. The acquisition will significantly expand Nuvei's product capabilities with a proprietary ACH (Automated Clearing House) processing platform.
buyer: Nuvei (:$375.05)
Montreal-based Nuvei is the global payment technology partner of thriving brands. Its proprietary platform offers direct connections to all major payment card schemes worldwide, supports 450 local and alternative payment methods, and nearly 150 currencies. "
target: Base Commerce
Base is a leading provider of advanced payment processing solutions. Stakeholders in many areas of the payments ecosystem rely on Base’s comprehensive suite of technology and service offerings to ensure that payments are processed securely, promptly, efficiently, and cost-effectively.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/15/2019 via BusinessWire

REPAY - Realtime Electronic Payments, acquired APS Payments

synopsis: Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced the acquisition of APS Payments, an integrated payments provider focused on the B2B vertical. APS goes to market in the B2B vertical through key integrations with leading ERP platforms.
buyer: REPAY - Realtime Electronic Payments (RPAY:$163.09)
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY's proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers. "
target: APS Payments
APS, founded in 2008 and headquartered in Mesa, AZ, is an integrated payments provider focused on the B2B vertical. APS goes to market in the B2B vertical through key integrations with leading ERP platforms.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
$7
EV / rev
EV / EBITDA
9.2x
closed 8/20/2013 via BusinessWire

US Data Capture, Inc. merged with Charge Payment, LLC,

synopsis: US Data Capture, Inc. ("USDC") announced that it has merged with Charge Payment, LLC. USDC was founded in 1991 and provides a broad range of payment processing services. Peter A. Gatof, President of USDC, and his team will continue to operate USDC in Rye Brook, NY, as a wholly owned subsidiary of Charge Payment.
buyer: Charge Payment, LLC (IIIV:$152.34)
Charge Payment, LLC is a credit and debit card transaction processing company focused on providing processing services to merchants throughout the U.S. The company was formed to complete the acquisition of the assets of Trust One Payment Services, Inc. "
target: US Data Capture, Inc.
US Data Capture provides a broad range of payment processing services. As a technology focused payment processor, USDC has differentiated itself by providing superior service and support to its credit card accepting merchants.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/28/2017 via GlobeNewswire

Payment Data Systems, Inc., acquired Singular Payments, LLC

synopsis: Payment Data Systems, Inc., an integrated electronic payment solutions provider, is pleased to announce the pending closing of the Singular Payments, LLC, a Fintech payments provider that relies upon innovative technology to process payments for merchants in healthcare and other niche verticals nationwide.
buyer: Payment Data Systems, Inc. (PYDS:$11.66)
Payment Data Systems, a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid and ACH payment processing platforms. "
target: Singular Payments, LLC
Singular Payments is a Fintech payments provider that relies upon innovative technology to process payments for merchants in healthcare and other niche verticals nationwide. Singular is primarily focused on custom software integrations of their flat rate payment processing offerings.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/12/2017 via BNC Analysis

Natixis, acquired PayPlug

synopsis: Natixis, the international corporate, investment, insurance and financial services arm of Groupe BPCE, has acquired majority stake in PayPlug, a payments and analytics company based in France that provides secure solutions to e-merchants and service providers.
buyer parent: Groupe BPCE
buyer: Natixis (ENXTPA:KN:$11,403.27)
Natixis is the international corporate, investment, insurance and financial services arm of Groupe BPCE, the second-largest banking group in France. Natixis is organized into three business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialized Financial Services. "
target: PayPlug
PayPlug is a payments and analytics company providing secure solutions to e-merchants and service providers. PayPlug's technology enables sellers to accept online payments by optimizing conversion and predicting fraud risks at scale.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/1/2017 via BusinessWire

First Data Corporation, acquired BluePay, Inc.

synopsis: First Data Corporation announced the successful completion of its acquisition of BluePay Holdings, Inc. from BluePay’s current owners including TA Associates and BluePay management. BluePay is a leading provider of technology-enabled payment processing for merchants, utilizing physical POS, CRM and ERP software integrations.
buyer parent: Kohlberg Kravis Roberts & Co.
buyer: First Data Corporation (FDC:$8,679.00)
First Data is a global leader in commerce-enabling technology and solutions, serving businesses and financial institutions around the world. They help companies, from start-ups to the world’s largest corporations, conduct commerce by securing and processing their transactions. "
target parent: TA Associates
target: BluePay, Inc.
BluePay is a leading provider of technology-enabled payment processing for merchants. Through physical POS, online, and mobile interfaces, as well as CRM and ERP software integrations, BluePay processes business-to-consumer and business-to-business payments.
price ($mm)
$760
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/11/2013 via PE Hub

TA Associates, acquired BluePay, Inc.

synopsis: TA Associates, a leading global growth private equity firm, announced that in conjunction with company management it has completed a majority recapitalization of BluePay Processing, Inc., a leading provider of technology-enabled payment processing services to merchants in the United States and Canada.
buyer: TA Associates
Founded in 1968, TA Associates is one of the largest and most experienced middle-market growth private equity firms. The firm has invested in over 425 companies globally and has raised $18 billion in capital. "
target parent: Goldman Sachs & Co.
target: BluePay, Inc.
Providing the highest level of data security in the industry, BluePay makes U.S. and Canadian credit card processing simple and fast. BluePay is a full-service credit card processor based in Naperville, Illinois, with offices and data centers located across the U.S.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/5/2020 via Company Press Release

Rocket Matter, LLC, acquired LexCharge

synopsis: Rocket Matter, a provider of cloud-based legal practice management, time and billing software, has acquired LexCharge, a tech-driven payment processing company for law firms. LexCharge provides secure and efficient integrated processing that helps law firms to reduce credit card fees, boost revenues, and improve collections.
buyer: Rocket Matter, LLC
Rocket Matter is a provider of cloud-based legal practice management, time and billing software for small to mid-sized law firms. Rocket Matter's all-in-one legal practice management platform provides law firms with all the tools they need to run a more productive and profitable business. "
target: LexCharge
LexCharge is a tech-driven payment processing company for law firms. LexCharge provides secure and efficient integrated processing that helps law firms to reduce credit card fees, boost revenues, and improve collections.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/12/2021 via BNC Analysis

MiCamp Solutions, acquired American Bank Payments, LLC

synopsis: Merchant services provider MiCamp Solutions has purchased payments processing company American Bank Payments. An independent sales organization (ISO), American Bank Payments works with numerous retailers and strives to offer payments processing and other business solutions in U.S. industries.
buyer: MiCamp Solutions
MiCamp Solutions is one of the nation's leading credit and debit card processing providers. They are centered in Phoenix, AZ and work with all types of businesses across the country. "
target: American Bank Payments, LLC
America Bank Payments is America's premier payment processing and business solutions specialists, committed to helping their customers business reach new levels of success. They provide their clients with industry leading levels of customer service and merchant satisfaction.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/2/2021 via Company Press Release

Payroc, acquired Retriever Merchant Solutions

synopsis: Payroc, a leading merchant acquirer and global payment processing organization, has acquired Select Merchant Services, Inc. (d/b/a/ Retriever Merchant Solutions or “Retriever”). Retriever Merchant Solutions is an industry-leading, national provider of payment processing systems and support services.
buyer parent: Parthenon Capital Partners
buyer: Payroc
Payroc is a high-growth international merchant acquirer, payment facilitator, and processing powerhouse operating in 46 countries. Payroc offers best-in-class sales enablement and merchant processing technology, delivering proprietary, innovative, and full-service merchant acquiring solutions. "
target parent: Fidelity National Financial
target: Retriever Merchant Solutions
Retriever Merchant Solutions is an industry-leading, national provider of payment processing systems and support services. Headquartered in Munster, IN, they are proud to serve retail, wholesale, jewelry, restaurant, service, professional associations and Internet businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/7/2021 via GlobeNewswire

Quisitive, acquired BankCard USA

synopsis: Quisitive Technology Solutions Inc., a premier Microsoft Solutions Provider, has completed its acquisition of BankCard USA Merchant Services, Inc., a leading provider of end-to-end electronic payment products and services.
buyer: Quisitive (TSXV:QUIS:$42.10)
Quisitive is a Microsoft solutions provider that helps enterprise organizations operate in the Microsoft cloud: Microsoft Azure, Microsoft Dynamics, and Microsoft O365. Quisitive also provides proprietary SaaS solutions from other technology partners that complement the Microsoft platform. "
target: BankCard USA
BankCard USA is a leading provider of end-to-end electronic payment products and services. They process all forms of electronic transactions—credit, debit, electronic check, electronic funds transfer and alternative payments.
price ($mm)
$165
rev ($mm)
$29
EBITDA ($mm)
$11
EV / rev
6.4x
EV / EBITDA
16.9x
announced 11/16/2020 via Bloomberg

Nexi S.p.A., will acquire Nets Holding A/S

synopsis: Italian payments processor Nexi SpA will acquire Nets A/S, creating Europe’s biggest payments firm by volume. Headquartered in Denmark, Nets is one of the largest integrated Pan-European PayTech companies and a leader in the Nordic region. The deal will quadruple Nexi’s footprint in Europe, giving the company access to markets in 25 countries.
buyer: Nexi S.p.A. (:$1,808.17)
Nexi is the leading PayTech Company in Italy and operates in partnership with over 150 partner banks. The company operates in three areas, Merchant Services & Solutions, Cards & Digital Payments, and Digital Banking Solutions. "
target parent: Hellman & Friedman LLC
target: Nets Holding A/S
Headquartered in Denmark, Nets is one of the largest integrated Pan-European PayTech companies and a leader in the Nordic region. Nets serves over 740,000 merchant outlets, over 40 million cards, and more than 250 financial institutions, and handles over €125 billion card payments annually.
price ($mm)[EV]
$7,084 [$8,336]
rev ($mm)
$854
EBITDA ($mm)
$323
EV / rev
10.1x
EV / EBITDA
26.7x

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Calpian, Inc. (CLPI), a publicly traded company, is at the heart of electronic commerce, with corporate offices in Dallas, Texas, operating centers in Georgia, New York and Illinois, and mobile payments emerging-market operations through its subsidiary in India.
year
2015
rev ($mm)
$28.00
EBITDA ($mm)
($8.64)
EBIT ($mm)
($9.35)
Net Income ($mm)
Employees
57
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Ticker: OTCPK:EXCC
 
 
 
 
 
 
 
 
Excel Corporation
Headquartered in Las Colinas (Irving), Texas, Excel Corporation provides integrated financial and transaction processing services to merchants throughout the United States.
year
2015
rev ($mm)
$15.73
EBITDA ($mm)
($1.10)
EBIT ($mm)
($1.20)
Net Income ($mm)
Employees
156
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Ticker: KLSE:REVENUE
 
 
 
 
 
 
 
 
Revenue Group Bhd
Revenue Group Bhd
Revenue Group is a Malaysian cashless payment solutions provider. They are experts in providing fully integrated payment platforms for any business. Their platforms help banks and other financial institutions to reduce cost, increase customer retention and improve competitive performance.
year
2018
rev ($mm)
$11.84
EBITDA ($mm)
$4.20
EBIT ($mm)
$2.98
Net Income ($mm)
$1.90
Employees
0
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Ticker: ASX:NOV
 
 
 
 
 
 
 
 
Novatti
Novatti
Novatti is a global software technology company that specialises in unique payment solutions. Both through technology and services, Novatti helps economies, corporations, and consumers digitize cash transactions. Their solutions include digital wallets, branchless banking, mobile money, and more.
year
2019
rev ($mm)
$6.16
EBITDA ($mm)
($2.72)
EBIT ($mm)
($3.00)
Net Income ($mm)
Employees
0
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Ticker: APCX
 
 
 
 
 
 
 
 
AppTech Corp
AppTech Corp
AppTech Corp is an information technology company providing cloud services and merchant processing solutions with a focus in mobile payments. Their mission is to provide industry-leading cloud services and payment processing technologies to businesses.
year
2018
rev ($mm)
$0.01
EBITDA ($mm)
EBIT ($mm)
($0.07)
Net Income ($mm)
Employees
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Ticker: GPN
 
 
 
 
 
 
 
 
Global Payments, Inc.
Global Payments, Inc.
Global Payments Inc. is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. They provide a range of products and services that allow their customers to accept all payment types across a variety of distribution channels.
year
2021
rev ($mm)
$7,509.97
EBITDA ($mm)
$2,907.13
EBIT ($mm)
$1,264.93
Net Income ($mm)
$637.63
Employees
24000
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Ticker: EVOP
 
 
 
 
 
 
 
 
EVO Payments International
EVO Payments International
EVO Payments, Inc. is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across North America and Europe.
year
2019
rev ($mm)
$529.62
EBITDA ($mm)
$117.38
EBIT ($mm)
$25.41
Net Income ($mm)
Employees
2200
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Ticker: QIWI
 
 
 
 
 
 
 
 
Qiwi plc
Qiwi plc
QIWI is a leading provider of next generation payment services in Russia and the CIS. It has an integrated proprietary network that enables payment services across physical, online and mobile channels.
year
2017
rev ($mm)
$325.45
EBITDA ($mm)
$91.38
EBIT ($mm)
$81.02
Net Income ($mm)
$47.31
Employees
1375
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Ticker: PYDS
 
 
 
 
 
 
 
 
Payment Data Systems, Inc.
Payment Data Systems, Inc.
Payment Data Systems, a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid and ACH payment processing platforms.
year
2017
rev ($mm)
$11.66
EBITDA ($mm)
($0.73)
EBIT ($mm)
($1.64)
Net Income ($mm)
Employees
21
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