Buyout (LBO, MBO, MBI) • Internet Software and Services

Corsair Capital Acquires Aurora Payments

On January 4, 2022, private equity firm Corsair Capital acquired internet software and services company Aurora Payments

Acquisition Context
  • This is Corsair Capital’s 2nd transaction in the Internet Software and Services sector.
  • This is Corsair Capital’s 11th transaction in the United States.
  • This is Corsair Capital’s 1st transaction in Arizona.

Explore All 675 Buyout (LBO, MBO, MBI) Internet Software and Services Deals - Search the Database Free


M&A Deal Summary

Date January 4, 2022
Target Aurora Payments
Sector Internet Software and Services
Buyer(s) Corsair Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Leonis Partners (Financial)
Honigman (Legal)

Target Company

Aurora Payments

Tempe, Arizona, United States
Aurora Payments is a full-service payment solutions provider for small and medium sized businesses (SMBs) across a variety of industries. Aurora Payments was founded in 2005 and is based in Tempe, Arizona.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Corsair Capital

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 9.9B USD
Size Mega
Type Sector Focused
DESCRIPTION

Corsair Capital is a private investment firm focused on investments in the financial services industry. Specific areas of interest include banks, insurance companies, credit card specialists, asset managers, private banks, mortgage lenders, financial technology firms, and finance companies. The Firm looks to invest between $50 to $100 million in companies with proven business models and 'meaningful' barriers to entry. Corsair will consider opportunities around the world, including the US, Europe, Latin America, and Asia. Prospective transactions include recapitalizations, growth capital financings, management buyouts, and special/distressed situations. Corsair Capital was originally established in 1992 and is based in New York City. Corsair has an additional office in London.


Deal Context for Buyer #
Overall 27 of 29
Sector: Internet Software and Services 2 of 2
Type: Buyout (LBO, MBO, MBI) 11 of 11
State: Arizona 1 of 1
Country: United States 11 of 13
Year: 2022 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-15 Xceptor

London, United Kingdom

Xceptor is an international technology provider, serving large financial institutions including global investment banks, security and custody service firms, and insurance companies. Xceptor was founded in 2003 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-10 RGI Group

Milan, Italy

RGI Group is an Independent Software Vendor, a European leader in the digital transformation of Insurers. RGI Group has been committed for more than 30 years to the Insurance industry. RGI Group was founded in 1987 and is based in Milan, Italy.

Sell -