Payroc - M&A Summary and Business Overview

Internet Software And ServicesCompany

Payroc M&A Summary

Payroc has acquired 18 companies, including 16 in the last 5 years.

Payroc’s largest acquisition to date was in 2024, when it acquired i3 Verticals - Merchant of Record Payments Business for $440M. Payroc has acquired in 14 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (50%) and information technology (34%).

Payroc Business Overview

Where is Payroc headquartered?

Payroc is headquartered in Tinley Park, Illinois.

What sector is Payroc in?

Payroc is an internet software and services company.

When was Payroc founded?

Payroc was founded in 2003.

M&A Summary

  • M&A Total Activity18
    • M&A Buy Activity18
  • Total Sectors Invested 4
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 1
  • M&A Advisors 1

Payroc LLC

18312 W Creek Dr.,
Tinley Park, Illinois 60477
United States,
www.payroc.com

Payroc LLC is a provider of an online platform for merchants with anytime, anywhere payment solutions. The company transparent pricing clarity and developing personal relationships while delivering exceptional technology. Payroc services and supports more than 10,000 merchants throughout North America, providing stability in payments by safely and securely processing over $3 billion in annual charge volume.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (3.0/yr) # 3 4 4 4 1 2 18
vol $440M $440M
Sell (0.0/yr) # - - - - - - 0
  18

Most Recent M&A

Company Date Value Type
i3 Verticals - Merchant of Record Payments Business 2024-06-26 440M USD Divestiture
, United States
SterlingCard Payment Solutions, Inc. 2024-02-06 - Add-on Acquisition
Markham, Ontario · www.sterlingcardps.com
Atlantic Merchant Services LLC 2023-05-10 - Add-on Acquisition
Raleigh, North Carolina · www.atlanticmerchant.com
Worldnet TPS, Inc. 2022-04-21 - Add-on Acquisition
Dublin, Ireland · www.worldnetpayments.com
Rhithm, Inc. 2022-04-21 - Add-on Acquisition
Fort Worth, Texas · www.rhithm.app
Iroquois Merchant Services, Inc. 2022-04-04 - Add-on Acquisition
Nashville, Tennessee · www.iroquoisms.com
East Commerce Solutions 2022-01-13 - Add-on Acquisition
East Providence, Rhode Island · www.eastcommercesolutions.com
SnapCheck, Inc. 2021-12-02 - Add-on Acquisition
San Mateo, California · www.snapcheck.co
DCS Holdings Group LLC 2021-07-14 - Add-on Acquisition
St. Charles, Missouri · www.acheck21.com
Beanstalk Payment Technologies 2021-06-25 - Add-on Acquisition
Cincinnati, Ohio · www.ibeanstalk.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 9 (50%) - - -
Information Technology 6 (33%) 440M (100%) - -
Business Services 2 (11%) - - -
Software 1 (6%) - - -
Total 18 $440M - -

By Geo

State/Country Buy Value Sell Value
United States 16 440M - -
  Illinois 3 - - -
  Ohio 1 - - -
  North Carolina 1 - - -
  New Jersey 1 - - -
  Missouri 1 - - -
  Massachusetts 1 - - -
  Indiana 1 - - -
  Georgia 1 - - -
  California 1 - - -
  Utah 1 - - -
  Texas 1 - - -
  Tennessee 1 - - -
  Rhode Island 1 - - -
Canada 1 - - -
  Ontario 1 - - -
Ireland 1 - - -
Domestic 16 (89%) 440M (100%) - -
Cross-border 2 (11%) - - -
Total 18 $440M - -

Top M&A Advisors

Legal Deals
Troutman Pepper Hamilton Sanders
1

Deal Values

buy # Total
$100M to $1B 1 $440M
TOTAL $440M
Largest i3 Verticals - Merchant of Record Payments Business
$440M (2024-06-26)

M&A Connections

Deals
Acquired from
Strategic(s)
6%
1 (6%)

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