M&A Deal Summary |
|
|---|---|
| Date | 2024-07-24 |
| Target | MerchantE - NetSuite Division |
| Sector | Information Technology |
| Buyer(s) | Fortis |
| Sellers(s) | MerchantE |
| Deal Type | Divestiture |
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Fortis provides developers and businesses integrated payment processing capabilities. The company offers its proprietary Zeamster platform and gateway focused on integrating with a point of sale, software and ERP providers in various industries. Fortis was founded in 2010 and is based in Novi, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Information Technology) | 8 of 8 |
| Type (Divestiture) | 1 of 1 |
| State (California) | 3 of 3 |
| Country (United States) | 8 of 8 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-22 |
SmartPay
Austin, Texas, United States SmartPay is an embedded payments provider. SmartPay is based in Austin, Texas. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Information Technology |
MerchantE is an end-to-end digital commerce platform that provides payment processing and solutions to businesses of all sizes in the United States. MerchantE was founded in 1999 and is based in Redwood Shores, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Information Technology) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (California) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
