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M&A Deal Summary

BillingTree Acquires Internet Payment Exchange

On June 21, 2018, BillingTree acquired internet software and services company Internet Payment Exchange

Acquisition Highlights
  • This is BillingTree’s 1st transaction in the Internet Software and Services sector.
  • This is BillingTree’s 1st transaction in the United States.
  • This is BillingTree’s 1st transaction in Ohio.

M&A Deal Summary
Date 2018-06-21
Target Internet Payment Exchange
Sector Internet Software and Services
Buyer(s) BillingTree
Deal Type Add-on Acquisition

Target

Internet Payment Exchange

Toledo, Ohio, United States
Internet Payment Exchange is a provider in the designing and offering the possible payment systems, electronic document delivery, and related customer service solutions. Internet Payment Exchange was founded in 1999 and is based in Toledo, Ohio.

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Buyer(S) 1

Buyer

BillingTree

Scottsdale, Arizona, United States
Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

BillingTree is a provider of integrated payments solutions to the healthcare, ARM and financial services industry verticals. Through its technology-enabled suite of products and services, BillingTree enables organizations to increase efficiency and decrease the costs of payment processing while adhering to compliance regulations. BillingTree was founded in 2003 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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