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M&A Deal Summary

Brightwell Payments Acquires Directo

On July 9, 2012, Brightwell Payments acquired financial services company Directo

Acquisition Highlights
  • This is Brightwell Payments’ 1st transaction in the Financial Services sector.
  • This is Brightwell Payments’ 1st transaction in the United States.
  • This is Brightwell Payments’ 1st transaction in Georgia.

M&A Deal Summary
Date 2012-07-09
Target Directo
Sector Financial Services
Buyer(s) Brightwell Payments
Deal Type Add-on Acquisition

Target

Directo

Norcross, Georgia, United States
Directo, Inc. provides domestic paycard programs to corporate clients consisting of financial institutions, professional employment organizations, staffing firms, agricultural businesses and payroll providers.

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Buyer(S) 1

Buyer

Brightwell Payments

Atlanta, Georgia, United States
Category Company
Founded 2001
Sector Internet Software and Services
DESCRIPTION

Brightwell Payments is a payments company offering comprehensive prepaid solutions for corporations and consumers. Brightwell Payments was founded in 2001 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1
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