M&A Deal Summary

Heartland Payment Systems Acquires Payroll 1

On March 2, 2015, Heartland Payment Systems acquired business services company Payroll 1

Acquisition Highlights
  • This is Heartland Payment Systems’ 3rd transaction in the Business Services sector.
  • This is Heartland Payment Systems’ 12th transaction in the United States.
  • This is Heartland Payment Systems’ 1st transaction in Michigan.

M&A Deal Summary
Date 2015-03-02
Target Payroll 1
Sector Business Services
Buyer(s) Heartland Payment Systems
Deal Type Add-on Acquisition

Target

Payroll 1

Birmingham, Michigan, United States
Payroll 1, Inc. is a provider of comprehensive payroll and tax filing products and services for employers in diverse industries throughout the United States.

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Buyer(S) 1

Buyer

Heartland Payment Systems

Princeton, New Jersey, United States
Category Company
Founded 2000
Sector Financial Services
Employees3,734
Revenue 2.7B USD (2015)
DESCRIPTION

Heartland Payment Systems, Inc. is a payments processor. It delivers credit/debit/prepaid card processing, mobile commerce, e-commerce, marketing solutions, security technology, payroll solutions, and related business solutions and services to more than 300,000 business and educational locations nationwide.

DEAL STATS #
Overall 12 of 14
Sector (Business Services) 3 of 3
Type (Add-on Acquisition) 12 of 14
State (Michigan) 1 of 1
Country (United States) 12 of 14
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-13 Dinerware and pcAmerica

Seattle, Washington, United States

Dinerware, Inc. and pcAmerica provides point-of-sale (“POS”) companies with solutions covering various hospitality and retail segments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-30 Menusoft Systems

Springfield, Virginia, United States

Menusoft Systems Corp. (dba Digital Dining) is a provider of software app for restaurant point-of-sale (POS) and management systems throughout the United States.

Buy -
Mergr

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