i3 Verticals M&A Summary
i3 Verticals has acquired 18 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.
i3 Verticals’ largest acquisition to date was in 2021, when it acquired Business Information Systems for $88M. It’s largest disclosed sale occurred in 2024, when it sold i3 Verticals - Merchant of Record Payments Business to Payroc for $440M. i3 Verticals has acquired in 11 different US states. The Company’s most targeted sectors include information technology (78%) and financial services (6%).
M&A Summary
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M&A Total Activity19
- M&A Buy Activity18
- M&A Sell Activity2
- Total Sectors Invested 4
- Total Countries Invested 1
- M&A Buy/Sell Connections 3