M&A Deal Summary

Business Financial Services Acquires Entrust Merchant Solutions

On August 26, 2015, Business Financial Services acquired financial services company Entrust Merchant Solutions

Acquisition Highlights
  • This is Business Financial Services’ 1st transaction in the Financial Services sector.
  • This is Business Financial Services’ 1st transaction in the United States.
  • This is Business Financial Services’ 1st transaction in New York.

M&A Deal Summary

Date 2015-08-26
Target Entrust Merchant Solutions
Sector Financial Services
Buyer(s) Business Financial Services
Deal Type Add-on Acquisition

Target

Entrust Merchant Solutions

New York City, New York, United States
Entrust Merchant Solutions is a provider of short-term business loans and merchant cash advances to small businesses.

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Buyer(S) 1

Buyer

Business Financial Services

Coral Springs, Florida, United States

Category Company
Founded 2000
Sector Financial Services
DESCRIPTION

Business Financial Services, Inc. is a technology-enabled small business financing platform providing business loans and merchant cash advances to small businesses.


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: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1