Like Pace Payment Systems, Inc.

closed 6/3/2019 via GlobeNewswire

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

See 28 Comparable Transactions
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 2/5/2021 via BusinessWire

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

See 862 Comparable Transactions
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)
$88
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2019 via BusinessWire

Faria Education Group, acquired SchoolsBuddy

See 138 Comparable Transactions
synopsis: Faria Education Group Limited, an international education systems and services provider, through its wholly-owned UK subsidiary, has acquired a majority interest in SchoolsBuddy, an activities management and payments solution serving more than 240 of the world’s leading international schools.
buyer: Faria Education Group
Faria Education Group was founded in 2006 to transition schools from paper onto a curriculum-focused learning platform. Today, Faria powers curriculum for more than 10,000 schools and districts and three million students. "
 target: SchoolsBuddy
SchoolsBuddy is the complete extra-curricular management system available on both web and mobile. Designed for staff, students and parents, SchoolsBuddy features online signup, allocation, management, payments, and attendance for after school activities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/4/2019 via BNC Analysis

Edlio, acquired Online School Management Systems

See 13 Comparable Transactions
synopsis: Online School Management Systems (OSMS) has been acquired by Edlio, an LA-headquartered specialist in school websites and parent communication. Online School Management Systems (OSMS) specializes in cloud based solutions for receipting school funds from parents and students online or in person.
buyer parent: L Squared Capital Partners
buyer: Edlio
For 18+ years, Edlio has connected K-12 educators with their communities, offering a comprehensive and easy-to-use communication package. Edlio’s content management system powers over 10,000 websites for schools and districts across North America. "
 target: Online School Management Systems
Online School Management Systems (OSMS) specializes in cloud based solutions for receipting school funds from parents and students online or in person. Online School Payments (OSP) is a fully integrated online school activity and cafeteria funds payment solution.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/17/2018 via Company Press Release

Connexeo Inc. merged with Vanco Payment Solutions, Inc.,

See 19 Comparable Transactions
synopsis: Connexeo, a company that is transforming Administration Software and Payment Systems for education and community organizations, has merged with Vanco, a company that provides electronic payment and donation processing solutions, as well as software that enables educational organizations to operate more efficiently.
buyer: Vanco Payment Solutions, Inc.
Vanco serves those who make communities better places to live. Vanco provides electronic payment and donation processing solutions, as well as software that enables educational organizations to operate more efficiently. "
 target: Connexeo Inc.
Connexeo is transforming Administration Software and Payment Systems for education and community organizations, delivering streamlined access and support through web-based solutions designed to address their industry’s unique needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/30/2018 via Company Press Release

ParentPay Limited, acquired WIS Services B.V.

See 23 Comparable Transactions
synopsis: ParentPay, Europe’s leading provider of school payment and parental engagement services, has acquired WIS, the market leading software provider for school payment collection and parent communication in the Netherlands. WIS offers WIS Communicator, a cloud messaging solution giving parents access to news, grades, homework, schedules and invoices.
buyer: ParentPay Limited
ParentPay Ltd is the UK’s leading online payment and parental engagement provider for schools and families. Its ParentPay platform delivers online payments, income management and dinner money administration for schools, local authorities and caterers. "
 target: WIS Services B.V.
WIS is the market leading software provider for school payment collection and parent communication in the Netherlands. One of their products, WIS Communicator, is a powerful cloud messaging solution giving parents access to news, grades, homework, schedules, e-mails and invoices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/4/2014 via BusinessWire

Charge Payment, LLC, acquired Data Business Systems

See 13 Comparable Transactions
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 12/16/2019 via BusinessWire

Rev19, acquired PAYK12

See 13 Comparable Transactions
synopsis: Rev19, LLC, a Southlake, TX-based fintech company, announced the acquisition of PAYK12, LLC, a next-generation, school payments solution. Headquartered in Indianapolis, PAYK12 is a cloud-based software platform that provides districts, schools, and the departments within, one digital hub for managing school payments and funds.
buyer: Rev19
Rev19 is an established, rapidly growing merchant services and financial technology company based in Southlake, TX. Put simply, Rev19’s goal is to provide the very best experience, customer service, and payment solutions for their merchants. "
 target: PAYK12
Headquartered in Indianapolis, PAYK12 is a cloud-based software platform that provides districts, schools, and the departments within, one digital hub for managing school payments and funds.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/30/2017 via PE Hub

Togetherwork, acquired CommunityPass

See 142 Comparable Transactions
synopsis: Togetherwork, the emerging leader in Group Management Software and Payments, announced the acquisition of Capturepoint, a leader in software for Recreation Management. Capturepoint is the developer of CommunityPass, a comprehensive, cloud-based registration management solution for recreation and schools.
buyer parent: Aquiline Capital Partners
buyer: Togetherwork
Togetherwork is the emerging leader in software and payments for groups and organizations of all kinds, helping them grow, become more efficient, increase revenues, and provide excellent service to their members and constituents. "
 target: CommunityPass
Capturepoint is the developer of CommunityPass, which provides recreation departments and school districts with a highly customizable platform for managing registrations, reservations and payments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/7/2016 via Company Press Release

Diamond Mind merged with TADS,

See 31 Comparable Transactions
synopsis: Serent Capital, a San Francisco-based private equity firm, announced that it has sold Diamond Mind, the leader in campus-wide payment solutions for independent schools, to Education Brands, a leading software provider to the education industry and a portfolio company of Genstar Capital.
buyer parent: Genstar Capital LLC
buyer: TADS
TADS is the private school industry’s only provider of single-sign on, integrated web-based tuition management, enrollment, financial aid and admissions with fully supported services. TADS provides cutting-edge technology to over 1,500 private and faith-based K-12 schools nationwide. "
 target parent: Serent Capital
target: Diamond Mind
Diamond Mind is the nation’s leading provider of payment solutions for independent K-12 schools serving 850+ schools for over a decade. Diamond Mind offers credit and debit card processing, eChecks, purchase cards and payment software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2016 via BusinessWire

i3 Verticals, LLC, acquired Esber Cash Register

See 110 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
 target: Esber Cash Register
Esber Cash Register provides school systems in Ohio and Western Pennsylvania with a cost-effective method to host an online payment program through a secure web-based system, which simplifies payment, collection and balancing of funds for school districts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/7/2020 via BNC Analysis

Kofile, Inc., acquired SeamlessDocs

See 525 Comparable Transactions
synopsis: Kofile, the leading provider of digital transformation services and software for local governments, announced that it has acquired SeamlessDocs, an application builder that takes paper-based and PDF-reliant processes and digitizes them with a comprehensive suite of automated workflow, digital signature and web-payment features.
buyer parent: Audax Group
buyer: Kofile, Inc.
Kofile is the largest provider of information management and access systems solutions for government agencies. Kofile helps agencies modernize their information management and access systems, digitize records and documents, and provides secure technologies to manage information on a scalable basis. "
 target: SeamlessDocs
The leading provider of online government services, SeamlessDocs is the fastest and easiest way for governments to go digital. The SeamlessDocs platform allows agencies to create online forms, accept eSignatures, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/30/2019 via BusinessWire

Tyler Technologies, Inc., acquired Courthouse Technologies

See 94 Comparable Transactions
synopsis: Tyler Technologies Inc. announced it has acquired Courthouse Technologies (CHT), an industry leading provider of jury management systems. Their flagship product, Courthouse JMS, is the only commercial-off-the-shelf Web application for jury management available on the market. They are based in Vancouver, BC, Canada.
buyer: Tyler Technologies, Inc. (TYL:$1,753.59)
Tyler Technologies is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to empower the public sector to become more efficient, more accessible and more responsive to the needs of their constituents. "
 target: Courthouse Technologies
Courthouse Technologies is an industry leading provider of jury management systems. Their flagship product, Courthouse JMS, is the only commercial-off-the-shelf Web application for jury management available on the market. They are based in Vancouver, BC, Canada.
price ($mm)
$19
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/2/2018 via BusinessWire

Ontario Systems, LLC, acquired Justice Systems, Inc.

See 150 Comparable Transactions
synopsis: Ontario Systems, a provider of enterprise revenue cycle management software to the healthcare and government markets, has acquired Justice Systems, Inc. (JSI), a provider of court case management software, and electronic payments solutions to government clients. JSI’s key products include Full Court Enterprise and Full Case.
buyer parent: Arlington Capital Partners
buyer: Ontario Systems, LLC
Ontario Systems is a leading provider of enterprise revenue cycle management software to the healthcare, accounts receivable management, and government markets. Ontario Systems offers a full portfolio of leading software platforms, including Artiva RM, Artiva HCx, Contact Savvy, and RevQ. "
 target: Justice Systems, Inc.
Justice Systems, Inc. (JSI) is a provider of court case management, prosecutor and public defender case management, and electronic payments software to state and municipal court systems. JSI’s key products include Full Court Enterprise and Full Case. JSI serves 500+ courts and judiciary offices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/7/2013 via PR Web

Mainsail Partners, acquired nCourt

See 16 Comparable Transactions
synopsis: Mainsail Partners, a San Francisco-based growth equity firm focused on investing in fast-growing bootstrapped businesses, has partnered with the company’s management team to acquire nCourt, the leading provider of online payment solutions for municipal and county courts and government agencies.
buyer: Mainsail Partners
Mainsail Partners is a leading growth equity firm that invests in successful "bootstrapped" businesses and builds them into great companies. Mainsail makes a select number of investments each year and leverages the operational expertise of its team to add value to its portfolio companies. "
 target: nCourt
nCourt is a provider of e-filing services for courts in New York and throughout the state of Georgia. nCourt partners with over 2,000 government agencies in 29 states and has a payment portfolio that includes traffic citations, property taxes, utilities, court fines and fees, bond and probation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/17/2013 via GlobeNewswire

Daily Journal Corp., acquired ISD Corporation

See 1017 Comparable Transactions
synopsis: The Daily Journal Corporation has acquired substantially all of the operating assets and liabilities of ISD Corporation that provided case management systems to courts and other governmental agencies.
buyer: Daily Journal Corp. (DJCO:$44.71)
Daily Journal Corp. publishes newspapers in California, Washington, Arizona, Colorado and Nevada and the California Lawyer magazine and produces several specialized information services. It provides news of interest to California lawyers. "
 target: ISD Corporation
ISD Corporation provides software solutions for the justice community in the US. Its products include CASE, an integrated probation case management system; ePayIt, an online service for paying traffic citations; and eFile, a browser interface for the electronic transmission and filing of documents.
price ($mm)
$16
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/11/2019 via GlobeNewswire

EVO Payments International, acquired Way2Pay

See 19 Comparable Transactions
synopsis: EVO Payments, Inc., a leading global payment technology and services provider, announced the acquisition of Way2Pay, a payment gateway headquartered in Dublin, Ireland. The Way2Pay gateway provides integrated payment solutions for schools and clubs in Ireland and the UK.
buyer: EVO Payments International (EVOP:$517.39)
EVO Payments, Inc. is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across North America and Europe. "
 target: Way2Pay
Way2Pay is a payment gateway headquartered in Dublin, Ireland. The Way2Pay gateway provides integrated payment solutions for schools and clubs in Ireland and the UK.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/3/2022 via GlobeNewswire

TownSq, acquired Advanced Technology Group, Inc.

See 7 Comparable Transactions
synopsis: Brazil-based TownSq, the community association management industry’s leading consumer application, has acquired Advanced Technology Group, Inc. (ATG), an industry-leading financial platform. ATG allows for streamlined and standardized operations and financial management for community associations.
buyer parent: Associa
buyer: TownSq
Headquartered in Brazil, TownSq is a single digital platform that offers the most complete and comprehensive suite of community management solutions. It delivers easy, proven, and collaborative tools and services designed to enhance property values and revolutionize the community living experience. "
 target: Advanced Technology Group, Inc.
Advanced Technology Group (ATG) is an industry-leading financial platform. ATG provides convenient online payment options and the ability to integrate with a variety of service partners, including banks, gate companies, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2020 via BusinessWire

Cubic Transportation Systems, acquired Delerrok

See 7 Comparable Transactions
synopsis: Cubic Transportation Systems, a division of the Cubic Corporation and the leading integrator of payment and information solutions in the transportation industry, has acquired Delerrok, the creator of the TouchPass platform. TouchPass is a cloud-hosted, multi-agency fare collection platform for small- to mid-sized transit operators.
buyer parent: Cubic Corporation
buyer: Cubic Transportation Systems (NYSE:CUB:$1,496.48)
Cubic Transportation Systems, a division of the Cubic Corporation, is the leading integrator of payment and information solutions and related services for intelligent travel applications in the transportation industry. "
 target: Delerrok
Delerrok is the developer of TouchPass, a cloud-hosted, multi-agency fare collection platform for small- to mid-sized transit operators. Delerrok's TouchPass system applies the latest advancements in cloud technology and is able to offer all the features enjoyed by the largest agencies and more.
price ($mm)
$36*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/22/2019 via Company Press Release

ALVARA Cash Management Group AG, acquired MLSA SAS

See 203 Comparable Transactions
synopsis: CMH Group (ALVARA Cash Management), a leading provider of software solutions for the cash cycle, has acquired sister companies MLSA and SAFELOGY with the support of its majority shareholder Silver Investment Partners. MLSA specializes in cash management processes, while SAFELOGY is cloud-based software that enables retailers to track cash flows.
buyer parent: Silver Investment Partners
buyer: ALVARA Cash Management Group AG
As a medium-sized information logistics company, ALVARA has redefined the management of cash. They develop tailor-made IT solutions and services for our clients to manage payment transactions from the retail customer, to the cash-in-transit company, to the financial institution. "
 target: MLSA SAS
MLSA is a leading European software producer specialized in back-office applications to optimize cash management processes. SAFELOGY is a cloud-based software specialist providing retailers with IT solutions for the entire cash cycle.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  
closed 6/3/2019 via GlobeNewswire

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

See 28 Comparable Transactions
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 2/5/2021 via BusinessWire

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

See 862 Comparable Transactions
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)
$88
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/25/2020 via BusinessWire

i3 Verticals, LLC, acquired ImageSoft

See 130 Comparable Transactions
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)
$40
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/3/2019 via GlobeNewswire

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

See 28 Comparable Transactions
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

See 26 Comparable Transactions
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)
$24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/13/2019 via PR Newswire

i3 Verticals, LLC, acquired iGov Solutions

See 12 Comparable Transactions
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:$152.34)
i3 Verticals delivers seamlessly integrated payment and software solutions to small- and medium-sized businesses and other organizations in strategic vertical markets, such as education, non-profit, public, property management, and healthcare and to the business-to-business payments market. "
 target: iGov Solutions
iGov Solutions is a one-stop shop for regulatory licensing software solutions. The company created a state-of-the-art software product, Integrated Licensing and Enforcement Management System known as iLEMS™, as a commercial off-the-shelf and SaaS product.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/1/2017 via BusinessWire

i3 Verticals, LLC, acquired Randall Data Systems

See 38 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
 target: Randall Data Systems
Randall Data Systems provides custom accounting and inventory management solutions for the emerging microcomputer market to a broad range of healthcare and healthcare-related organizations. Randall Data Systems is the largest NCR Counterpoint-SQL provider in Michigan.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/1/2017 via BusinessWire

i3 Verticals, LLC, acquired CSC Links

See 65 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
 target: CSC Links
CSC Links, founded in 2008, provides a number of payment solutions and methodologies centered around vertical markets, specifically in the healthcare and non-profit verticals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2016 via BusinessWire

i3 Verticals, LLC, acquired Axia Payments, LLC

See 463 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
 target: Axia Payments, LLC
Axia Payments, LLC, founded in 1999, provides electronic payment processing services to a broad range of business, government and non-profit organizations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2016 via BusinessWire

i3 Verticals, LLC, acquired Bill & Pay

See 31 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
 target: Bill & Pay
Bill & Pay is an award-winning product that provides businesses an affordable and easy-to-use online invoice delivery and payment system. Any size business can now afford to e-mail invoices and accept ACH (e-checks) or credit card payments online.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2016 via BusinessWire

i3 Verticals, LLC, acquired Esber Cash Register

See 110 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology-centric payment company focused on providing solutions to its clients throughout the U.S. These solutions will help clients improve their operating efficiencies, enhance revenues, and streamline their payment processing functions. "
 target: Esber Cash Register
Esber Cash Register provides school systems in Ohio and Western Pennsylvania with a cost-effective method to host an online payment program through a secure web-based system, which simplifies payment, collection and balancing of funds for school districts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/12/2015 via BusinessWire

i3 Verticals, LLC, acquired Infintech

See 409 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology and integrated payments provider for a range of industry verticals throughout the United States. "
 target: Infintech
Infintech offers the latest payment equipment and cutting-edge technologies available. Payment processing solutions include retail, mobile and online terminals, integration with nearly all POS systems, smartphone payments and e-commerce and shopping cart integration.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/12/2015 via BusinessWire

i3 Verticals, LLC, acquired RUPractical.com

See 463 Comparable Transactions
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:$152.34)
i3 Verticals, LLC is a technology and integrated payments provider for a range of industry verticals throughout the United States. "
 target: RUPractical.com
RUPractical.com (Practical Business Solutions), headquartered in West Palm Beach, Florida with additional facilities thought the United States is a leading provider in the electronic payments industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/12/2015 via BusinessWire

Data Business Systems, acquired Local Level

See 57 Comparable Transactions
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

See 463 Comparable Transactions
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

See 13 Comparable Transactions
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

See 463 Comparable Transactions
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,

See 182 Comparable Transactions
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.

See 104 Comparable Transactions
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
closed 1/6/2022 via PR Newswire

Vericheck Inc., acquired ACHWorks

See 786 Comparable Transactions
synopsis: VeriCheck, Inc. (VCI) has acquired Applied Payments, LLC, doing business as ACHWorks, a technology company and Automated Clearing House (ACH) payment services provider. VCI will integrate ACHWorks' team and technologies to provide clients with a full spectrum of payments services and fintech solutions to help businesses grow.
buyer: Vericheck Inc.
VeriCheck is a secure, all-in-one payment processing solution for any size business. Whether processing at the point of sale, through a website, via fax, email, or even over the phone, VeriCheck helps businesses safely accept payments and manage transactions. "
 target: ACHWorks
ACHWorks is a provider of sophisticated payment technology that facilitates the processing of commercial transactions through the Automated Clearing House (ACH) Network. Its systems facilitate a full menu of ACH payments applicable to a diverse number of business environments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/8/2021 via BNC Analysis

Fortis Payment Systems LLC, acquired VIP Integrated Payments

See 360 Comparable Transactions
synopsis: Fortis, the payments and commerce tech company, has acquired VIP Integrated Payments, which will help it simplify payments and cash flow for digitizing businesses. VIP offers accounting software integration and credit card payments, along with other things like ACH/EFT payments, automated settlement and omnichannel connectivity.
buyer: Fortis Payment Systems LLC
Fortis delivers comprehensive payment solutions and commerce enablement to software partners and developers, processing billions of dollars annually. The company’s mission is to forge a holistic commerce experience, guiding businesses to reach uncharted growth and scale. "
 target: VIP Integrated Payments
VIP Integrated Payments is the preferred payment solutions provider for any US & Canadian-based business. They create customized, seamless payment processing experiences on multiple platforms that maximize business opportunities for companies, from small businesses to large enterprises.
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.

See 375 Comparable Transactions
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

See 372 Comparable Transactions
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

See 360 Comparable Transactions
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

See 372 Comparable Transactions
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:$16,226.00)
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

See 360 Comparable Transactions
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

See 360 Comparable Transactions
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

See 372 Comparable Transactions
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

See 363 Comparable Transactions
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

See 181 Comparable Transactions
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 (:$537.20)
Montreal-based Nuvei is the global payment technology partner of thriving brands. Its proprietary platform offers direct connections to all major payment card schemes worldwide, supports 450 local and alternative payment methods, and nearly 150 currencies. "
 target: Base Commerce
Base is a leading provider of advanced payment processing solutions. Stakeholders in many areas of the payments ecosystem rely on Base’s comprehensive suite of technology and service offerings to ensure that payments are processed securely, promptly, efficiently, and cost-effectively.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/15/2019 via BusinessWire

REPAY - Realtime Electronic Payments, acquired APS Payments

See 182 Comparable Transactions
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:$198.50)
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY's proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers. "
 target: APS Payments
APS, founded in 2008 and headquartered in Mesa, AZ, is an integrated payments provider focused on the B2B vertical. APS goes to market in the B2B vertical through key integrations with leading ERP platforms.
price ($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,

See 182 Comparable Transactions
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

See 56 Comparable Transactions
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

See 91 Comparable Transactions
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.

See 43 Comparable Transactions
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.

See 43 Comparable Transactions
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

See 2 Comparable Transactions
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
announced 6/9/2022 via BusinessWire

FleetCor Technologies, Inc., will acquire Global Reach Group

See 462 Comparable Transactions
synopsis: FLEETCOR Technologies, Inc., a leading global business payments company, announced it has signed a definitive agreement to acquire the Global Reach Group, a UK-based cross-border payments provider.
buyer: FleetCor Technologies, Inc. (FLT:$3,014.35)
FLEETCOR Technologies is a leading global provider of commercial payment solutions. The Company helps businesses of all sizes better control, simplify and secure payment of their fuel, toll, lodging and general payables. "
 target: Global Reach Group
Global Reach Group is a UK-based cross-border payments provider. They serve customers of all sizes by facilitating international payments. Founded in 2001 and headquartered in London, Global Reach has developed a presence in the UK, Canada, Spain, and the Netherlands.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/27/2022 via BNC Analysis

Banking Circle, acquired SEPAexpress

See 462 Comparable Transactions
synopsis: Banking Circle Group has acquired SEPAexpress, which provides white-labelled account-to-account (A2A) payments for payments service providers, merchants and corporates in Europe. Launched to the market in 2017, Germany-based SEPAexpress allows businesses to process Direct Debits.
buyer parent: EQT AB
buyer: Banking Circle
Founded in 2013, Banking Circle is a next-generation provider of mission-critical infrastructure for online cross-border payments. Currently, Banking Circle is processing around EUR 60 billion run-rate annual payment volumes for several high-profile customers. "
 target: SEPAexpress
SEPAexpress provides white-labelled account-to-account (A2A) payments for payments service providers, merchants and corporates in Europe. Launched to the market in 2017, Germany-based SEPAexpress allows businesses to process Direct Debits.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

Like Pace Payment Systems, Inc.


read more

Pace Payment Systems, Inc.

Business Information Systems, Inc.

SchoolsBuddy

Online School Management Systems

Connexeo Inc.

WIS Services B.V.

Data Business Systems

PAYK12

CommunityPass

Diamond Mind

Esber Cash Register

SeamlessDocs

Courthouse Technologies

Justice Systems, Inc.

nCourt

ISD Corporation

Way2Pay

Advanced Technology Group, Inc.

Delerrok

MLSA SAS

Pages:  
read more

Pace Payment Systems, Inc.

read more

Business Information Systems, Inc.

ImageSoft

Pace Payment Systems, Inc.

NET Data Corporation

iGov Solutions

Randall Data Systems

CSC Links

Axia Payments, LLC

Bill & Pay

Esber Cash Register

Infintech

RUPractical.com

Local Level

Payment Systems

Data Business Systems

Advanced Payment Solutions, LLC

US Data Capture, Inc.

Trust One Payment Services, Inc.

read more

ACHWorks

VIP Integrated Payments

Moka Odeme Kurulusu A.S.

BluePay Canada

Convenient Payments

First Data Corporation

CardConnect

Kalixa

CardConnect

Financial Transaction Services LLC

Base Commerce

APS Payments

US Data Capture, Inc.

Singular Payments, LLC

PayPlug

BluePay, Inc.

BluePay, Inc.

LexCharge

Global Reach Group

SEPAexpress

Pages:  
Geography
Matching Companies
Ticker: IIIV
 
 
 
 
 
 
 
 
i3 Verticals, LLC
i3 Verticals, LLC
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.
year
2020
rev ($mm)
$152.34
EBITDA ($mm)
$15.40
EBIT ($mm)
$2.25
Net Income ($mm)
Employees
740
  • drill down
  • watch
Ticker: CNSX:CNNA
 
 
 
 
 
 
 
 
CannaOne Technologies Inc.
CannaOne Technologies Inc.
CannaOne Technologies is a financial technology company in Canada. CannaOne's mission is to develop, build and operate the next generation of digital payment infrastructure across the high-growth markets of Asia and the Middle East and Africa (A-MEA).
year
2020
rev ($mm)
EBITDA ($mm)
($1.21)
EBIT ($mm)
($1.25)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: EEFT
 
 
 
 
 
 
 
 
Euronet Worldwide, Inc.
Euronet Worldwide, Inc.
Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, retailers, service providers and individual consumers.
year
2018
rev ($mm)
$2,491.89
EBITDA ($mm)
$463.88
EBIT ($mm)
$359.64
Net Income ($mm)
$149.93
Employees
6600
  • drill down
  • watch
Ticker: WEX
 
 
 
 
 
 
 
 
WEX Inc.
WEX Inc.
WEX Inc. is a leading provider of corporate payment solutions. WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing 9 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors
year
2020
rev ($mm)
$1,553.37
EBITDA ($mm)
$360.13
EBIT ($mm)
$170.57
Net Income ($mm)
Employees
5300
  • drill down
  • watch
Ticker: BIT:TAS
 
 
 
 
 
 
 
 
TAS Group S.p.A
TAS Group S.p.A
TAS S.p.A. a leading company in Italy in the supply of software and services for banking and financial applications, with a presence in Europe, the US and Latin America. TAS is specialised in software solutions for electronic money, payment systems, capital markets and Extended Enterprise.
year
2020
rev ($mm)
$63.47
EBITDA ($mm)
$6.90
EBIT ($mm)
$7.21
Net Income ($mm)
$6.01
Employees
415
  • drill down
  • watch
Ticker: USIO
 
 
 
 
 
 
 
 
Usio, Inc.
Usio, Inc.
Usio, a leading integrated payment solutions provider, offers a wide range of payment solutions to software companies, merchants, billers, banks, service bureaus, and card issuers. The Company operates credit/debit, prepaid, ACH payment processing and Payment Facilitation platforms.
year
2020
rev ($mm)
$30.24
EBITDA ($mm)
($2.86)
EBIT ($mm)
($4.56)
Net Income ($mm)
Employees
51
  • drill down
  • watch
Ticker: OTCPK:CLPI
 
 
 
 
 
 
 
 
Calpian, Inc.
Calpian, Inc.
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
  • drill down
  • watch
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
  • drill down
  • watch
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
2021
rev ($mm)
$13.80
EBITDA ($mm)
($5.17)
EBIT ($mm)
($5.80)
Net Income ($mm)
Employees
0
  • drill down
  • watch
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
  • drill down
  • watch
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
  • drill down
  • watch
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)
$7,975.45
EBITDA ($mm)
$3,177.58
EBIT ($mm)
$1,516.02
Net Income ($mm)
$863.89
Employees
24000
  • drill down
  • watch
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
2022
rev ($mm)
$517.39
EBITDA ($mm)
$150.83
EBIT ($mm)
$67.85
Net Income ($mm)
Employees
  • drill down
  • watch
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
  • drill down
  • watch
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
  • drill down
  • watch