M&A Deal Summary

Datacap Systems Acquires Octopi Commerce - Payments Gateway Technology Asset

On June 25, 2019, Datacap Systems acquired information technology company Octopi Commerce - Payments Gateway Technology Asset from Octopi Commerce

Acquisition Highlights
  • This is Datacap Systems’ 1st transaction in the Information Technology sector.
  • This is Datacap Systems’ 1st transaction in the United States.
  • This is Datacap Systems’ 1st transaction in Arizona.

M&A Deal Summary

Date 2019-06-25
Target Octopi Commerce - Payments Gateway Technology Asset
Sector Information Technology
Buyer(s) Datacap Systems
Sellers(s) Octopi Commerce
Deal Type Divestiture

Target

Octopi Commerce - Payments Gateway Technology Asset

Scottsdale, Arizona, United States
Octopi Commerce LLC - Payments Gateway Technology Asset is a gateway and gift/loyalty platform.

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Buyer(S) 1

Buyer

Datacap Systems

Chalfont, Pennsylvania, United States

Category Company
Founded 1983
Sector Technology Hardware
DESCRIPTION

Datacap Systems, Inc. is a processor and hardware agnostic integrated payments middleware provider. Datacap Systems develops and markets innovative integrated payments solutions for any Point of Sale - including PC-based, embedded, browser-based, unattended, and mobile POS. Datacap Systems, Inc. was founded in 1983 and is based in Chalfont, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Octopi Commerce

Scottsdale, Arizona, United States

Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

Octopi Commerce LLC is a customer data platform consistently tying customer behaviors both online and offline to personalized product and service offerings. Octopi Commerce LLC was founded in 2018 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1