M&A Deal Summary

Celero Acquires Community Bankers Merchant Services

On August 18, 2022, Celero acquired information technology company Community Bankers Merchant Services

Acquisition Highlights
  • This is Celero’s 6th transaction in the Information Technology sector.
  • This is Celero’s 7th transaction in the United States.
  • This is Celero’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2022-08-18
Target Community Bankers Merchant Services
Sector Information Technology
Buyer(s) Celero
Deal Type Add-on Acquisition

Target

Community Bankers Merchant Services

Springdale, Arkansas, United States
website
Community Bankers Merchant Services (CBMS) is a provider of credit card processing, merchant accounts, merchant cash advances, and other payment solutions to retail and restaurant merchants, corporations, and financial institutions. Community Bankers Merchant Services was formed in 1990 and is based in Springdale, Arkansas.

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Buyer(S) 1

Buyer

Celero

Nashville, Tennessee, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Celero is a full-service, integrated electronic commerce solutions provider powered by edge technology, strategic partnerships, and business intelligence. Celero offers payment processing services, business management software, and data intelligence to small and medium-sized businesses, empowering them to drive growth and profitability. Celero is based in Nashville, Tennessee.

DEAL STATS #
Overall 7 of 7
Sector (Information Technology) 6 of 6
Type (Add-on Acquisition) 7 of 7
State (Arkansas) 1 of 1
Country (United States) 7 of 7
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-18 OMEGA Technology

Fort Thomas, Kentucky, United States

OMEGA Technology provides electronic payments solutions, business analytics, and software solutions for small businesses and financial institutions nationwide. OMEGA Technology was founded in 2003 and is based in Fort Thomas, Kentucky.

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