M&A Deal Summary

BlueOne Card Acquires Millennium EBS

On October 25, 2024, BlueOne Card acquired information technology company Millennium EBS for 12M USD

Acquisition Highlights
  • This is BlueOne Card’s 1st transaction in the Information Technology sector.
  • This is BlueOne Card’s largest (disclosed) transaction.
  • This is BlueOne Card’s 1st transaction in the United States.
  • This is BlueOne Card’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2024-10-25
Target Millennium EBS
Sector Information Technology
Buyer(s) BlueOne Card
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Millennium EBS

Princeton, New Jersey, United States
Millennium EBS is a payment hub market, offering Millennium Payment Hub, a comprehensive platform designed to modernize payment processes across multiple channels including Swift, RTGS, ACH, FedNow, and Fedwire. The payment hub platform streamlines financial operations for institutions by integrating various payment systems into a unified solution, leveraging extensive payment technology and software expertise. Millennium EBS was founded in 1998 and is based in Princeton, New Jersey.

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Buyer(S) 1

Buyer

BlueOne Card

Newport Beach, California, United States

Category Company
Founded 2007
Sector Financial Services
DESCRIPTION

BlueOne Card is a provider of payout solutions and prepaid card services, dedicated to transforming the way consumers and corporations manage their money. BlueOne Card was founded in 2007 and is based in Newport Beach, California.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1