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  5. Cornerstone Payment Systems Acquires Move Your Mountain

M&A Deal Summary

Cornerstone Payment Systems Acquires Move Your Mountain

On January 31, 2020, Cornerstone Payment Systems acquired financial services company Move Your Mountain

Acquisition Highlights
  • This is Cornerstone Payment Systems’ 1st transaction in the Financial Services sector.
  • This is Cornerstone Payment Systems’ 1st transaction in the United States.

M&A Deal Summary
Date 2020-01-31
Target Move Your Mountain
Sector Financial Services
Buyer(s) Cornerstone Payment Systems
Deal Type Add-on Acquisition

Target

Move Your Mountain

United States
Move Your Mountain is a crowd-funding platform that connects people to the heartbeat of their community with unique tools and passionate outreach. Move Your Mountain allows individuals to set up campaigns with no deadlines or penalties, free of charge and with a lower fee deducted per donation in comparison to other popular crowd-funding platforms.

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Buyer(S) 1

Buyer

Cornerstone Payment Systems

Tustin, California, United States
Category Company
Sector Financial Services
DESCRIPTION

Cornerstone offers a full compliment of merchant processing services for its clients. Through its Cornerstone Payment Systems Network, Conrnerstone authorizes and settles transactions for all major credit cards.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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