M&A Deal Summary

First Data Acquires Transaction Wireless

On July 14, 2015, First Data acquired internet software and services company Transaction Wireless

Acquisition Highlights
  • This is First Data’s 6th transaction in the Internet Software and Services sector.
  • This is First Data’s 13th transaction in the United States.
  • This is First Data’s 6th transaction in California.

M&A Deal Summary

Date 2015-07-14
Target Transaction Wireless
Sector Internet Software and Services
Buyer(s) First Data
Deal Type Add-on Acquisition

Target

Transaction Wireless

San Diego, California, United States
Transaction Wireless, Inc. is a cloud-based enterprise solution for B2C and B2B gift cards, helping retailers and partners evolve their traditional gift card business into electronic, mobile and social commerce platforms.

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Buyer(S) 1

Buyer

First Data

Atlanta, Georgia, United States

Category Company
Founded 1989
Sector Financial Services
Employees24,000
Revenue 8.7B USD (2018)
DESCRIPTION
First Data's corporate headquarters in Atlanta, Georgia.
First Data's corporate headquarters in Atlanta, Georgia.

First Data is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers. First Data was formed in 1989 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 16 of 23
Sector: Internet Software and Services M&A 6 of 9
Type: Add-on Acquisition M&A Deals 13 of 20
State: California M&A 6 of 6
Country: United States M&A 13 of 17
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-30 Gyft

Redwood City, California, United States

Gyft is a digital gift card platform that lets you manage your gift cards, as well as enabling business to offer easy reward and loyalty programs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-18 Spree Commerce

Chevy Chase, Maryland, United States

Spree Commerce, Inc. is a provider of e-commerce platform services.

Buy -