M&A Deal Summary

Payroc Acquires Retriever Merchant Solutions

On April 2, 2021, Payroc acquired internet software and services company Retriever Merchant Solutions

Acquisition Highlights
  • This is Payroc’s 6th transaction in the Internet Software and Services sector.
  • This is Payroc’s 8th transaction in the United States.
  • This is Payroc’s 1st transaction in Indiana.

M&A Deal Summary

Date 2021-04-02
Target Retriever Merchant Solutions
Sector Internet Software and Services
Buyer(s) Payroc
Deal Type Add-on Acquisition

Target

Retriever Merchant Solutions

Munster, Indiana, United States
Retriever Merchant Solutions is a provider of payment processing systems and support services. The Company offers a complete range of merchant processing products and services, training, supplies and point-of-sale transaction equipment for credit cards, debit cards, gift cards and check services at competitive and cost-effective rates. Retriever Merchant Solutions was founded in 1994 and is based in Munster, Indiana.

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Buyer(S) 1

Buyer

Payroc

Tinley Park, Illinois, United States

Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

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.


DEAL STATS #
Overall 8 of 20
Sector: Internet Software and Services M&A 6 of 10
Type: Add-on Acquisition M&A Deals 8 of 19
State: Indiana M&A 1 of 1
Country: United States M&A 8 of 17
Year: 2021 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-18 Bluestone Payments

Peachtree City, Georgia, United States

Bluestone Payments enables businesses to accept electronic payments from their customers. Electronic payments such as credit and debit cards are replacing cash and checks at a furious pace. Consumer demand for convenience dictates that savvy businesses accept all forms of payment, including credit and debit cards, electronic check, and gift and loyalty cards. Bluestone Payments can help you focus on serving your customers, and enable you to process payment transactions fast, accurately, and affordably.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-25 Beanstalk

Cincinnati, Ohio, United States

Beanstalk is a cloud-based fintech application programming interface (API) that provides routing alternatives while also reducing the costs associated with debit card transactions. Beanstalk is based in Cincinnati, Ohio.

Buy -