Electronic Funds Source Mergers & Acquisitions

Electronic Funds Source M&A Summary

Electronic Funds Source has acquired 1 company of its own.

Electronic Funds Source’s largest acquisition to date was in 2012, when it acquired T-Chek Systems for $303M. Electronic Funds Source has acquired in 1 US state. The Company’s most targeted sectors include internet software and services (100%).

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Electronic Funds Source LLC

1104 Country Hills Drive Suite 600,
Ogden, Utah 84403
United States,
(801) 334-2414
www.efsllc.com

All (1) Buy (1) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2012-10-16 T-Chek Systems, Inc. · Internet Software and Services
Eden Prairie, Minnesota · www.t-chek.com

T-Chek Systems, Inc. is a business-to-business provider of spend management and payment processing services. T-Chek’s technology supports a variety of funds transfer, vendor payment, fuel purchasing, and online expense management tools. Historically, T-Chek has focused on the transportation industry with its major customer segments including the truckload, less-than-truckload, and private fleet industries, and truck stop chains. Due to changes in the industry, T-Chek has expanded its business further into the financial services sector, to include funds transfer and expense management for other industries through its MasterCard® product.

303 Divestiture

Electronic Funds Source LLC

C.H. Robinson Worldwide


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