M&A Deal Summary

Cayan Acquires Opticard Payment Services

On March 25, 2014, Cayan acquired information technology company Opticard Payment Services

Acquisition Highlights
  • This is Cayan’s 2nd transaction in the Information Technology sector.
  • This is Cayan’s 2nd transaction in the United States.
  • This is Cayan’s 1st transaction in Arizona.

M&A Deal Summary

Date 2014-03-25
Target Opticard Payment Services
Sector Information Technology
Buyer(s) Cayan
Deal Type Add-on Acquisition

Target

Opticard Payment Services

Scottsdale, Arizona, United States
Opticard Payment Services, Inc. is a provider of gift and loyalty programs for organizations worldwide.

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Buyer(S) 1

Buyer

Cayan

Boston, Massachusetts, United States

Category Company
Founded 1998
Sector Financial Services
DESCRIPTION

Cayan is a provider of payment solutions and merchant services. Cayan enables merchants, developers and resellers to deliver current and emerging payment solutions. Cayan was founded in 1998 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
State: Arizona M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-27 AVATAS Payment Solutions

Boston, Massachusetts, United States

AVATAS Payment Solutions is an independent sales organization specializing in delivering payment processing services for the heating fuels and healthcare industries.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-10 Card Payment Services

Dallas, Texas, United States

Card Payment Services (CPS) LLC is a payments processing company specializing in the $75b waste removal vertical. CPS serves businesses throughout the country and processes in excess of $700 million in Visa and MasterCard transactions annually. In addition to waste haulers, CPS serves municipalities, waste equipment providers, transfer stations and other players within the waste space.

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