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  6. Celero Acquires Precision Payments

M&A Deal Summary

Celero Acquires Precision Payments

On November 14, 2024, Celero acquired financial services company Precision Payments

Acquisition Highlights
  • This is Celero’s 1st transaction in the Financial Services sector.
  • This is Celero’s 8th transaction in the United States.
  • This is Celero’s 2nd transaction in Florida.

M&A Deal Summary
Date 2024-11-14
Target Precision Payments
Sector Financial Services
Buyer(s) Celero
Deal Type Add-on Acquisition

Target

Precision Payments

Sarasota, Florida, United States
Precision Payments is a credit card processor and merchant services company that specializes in affordable, reliable business solutions. Precision signs merchants for the long haul, helping small and mid-sized businesses grow through the never-ending opportunities and challenges they face each day. Precision Payments was founded in 2009 and is based in Sarasota, Florida.

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Buyer(S) 1

Buyer

Celero

Brentwood, Tennessee, United States
Category Company
Sector Information Technology
DESCRIPTION

Celero is a full-service, integrated electronic commerce solutions provider powered by edge technology, strategic partnerships, and business intelligence. Celero offers payment processing services, business management software, and data intelligence to small and medium-sized businesses, empowering them to drive growth and profitability. Celero is based in Brentwood, Tennessee.

DEAL STATS #
Overall 9 of 9
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
State: Florida M&A 2 of 2
Country: United States M&A 8 of 8
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-06 Sona

Bedford, Nova Scotia, Canada

Sona offers payment solutions for small and medium-sized merchants, providing them with pricing transparency, impeccable customer service, and state-of-the-art technologies. Sona was founded in 2016 and is based in Bedford, Nova Scotia.

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