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M&A Deal Summary

Clarus Merchant Services Acquires BC Technologies

On January 17, 2017, Clarus Merchant Services acquired information technology company BC Technologies

Acquisition Highlights
  • This is Clarus Merchant Services’ 2nd transaction in the Information Technology sector.
  • This is Clarus Merchant Services’ 2nd transaction in the United States.
  • This is Clarus Merchant Services’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2017-01-17
Target BC Technologies
Sector Information Technology
Buyer(s) Clarus Merchant Services
Deal Type Add-on Acquisition

Target

BC Technologies

Philadelphia, Pennsylvania, United States
BC Technologies is a provider of top-end electronic payment technologies and solutions.

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Buyer(S) 1

Buyer

Clarus Merchant Services

Gaithersburg, Maryland, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Clarus Merchant Services is a provider of credit card processing services and comprehensive merchant payment solutions.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 Anaraq Holdings

Arizona, United States

Anaraq Holdings LLC is an operator of a payments technology company and payment processing industry acquisition platform serving as a growth capital partner for ISO groups and companies focused on payment technologies. Anaraq Holdings is based in Arizona.

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