M&A Deal Summary

Celero Acquires FlashBanc

On April 7, 2020, Celero acquired information technology company FlashBanc

Acquisition Highlights
  • This is Celero’s 3rd transaction in the Information Technology sector.
  • This is Celero’s 4th transaction in the United States.
  • This is Celero’s 1st transaction in Florida.

M&A Deal Summary

Date 2020-04-07
Target FlashBanc
Sector Information Technology
Buyer(s) Celero
Deal Type Add-on Acquisition

Target

FlashBanc

Boca Raton, Florida, United States
FlashBanc LLC is a provider of cloud-based electronic payments and social marketing software services to thousands of small, medium and large businesses. The company provides credit card processing and a host of other electronic payment solutions to businesses of all sizes. FlashBanc was formed in 2008 and is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

Celero

Brentwood, Tennessee, United States

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 Brentwood, Tennessee.


DEAL STATS #
Overall 4 of 9
Sector: Information Technology M&A 3 of 6
Type: Add-on Acquisition M&A Deals 4 of 9
State: Florida M&A 1 of 2
Country: United States M&A 4 of 8
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-18 Elmhurst Financial Services

Brentwood, Tennessee, United States

Elmhurst Financial Services LLC is a financial institution-focused payment processing provider. Elmhurst partners with community and regionally-focused financial institutions, assisting them to develop and optimize their customer relationships.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-28 TransNational Payments

Rosemont, Illinois, United States

TransNational Payments is a provider of electronic payments technology and business management SaaS solutions. The company provides credit card processing, full-service payroll, POS systems, online credit card processing services. TransNational Payments was formed in 1999 and is based in Rosemont, Illinois.

Buy -