M&A Deal Summary

FastPay Partners Acquires AnchorOps

On October 10, 2017, FastPay Partners acquired information technology company AnchorOps

Acquisition Highlights
  • This is FastPay Partners’ 1st transaction in the Information Technology sector.
  • This is FastPay Partners’ 1st transaction in the United States.
  • This is FastPay Partners’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2017-10-10
Target AnchorOps
Sector Information Technology
Buyer(s) FastPay Partners
Deal Type Add-on Acquisition

Target

AnchorOps

Westborough, Massachusetts, United States
AnchorOps, Inc. is a provider of payment solution focused exclusively on the media industry. AnchorOps streamlines media finance and operations so both agencies and suppliers benefit from workflow efficiency, increased visibility into bottlenecks, improved communication, and reduced manual input and errors.

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Buyer(S) 1

Buyer

FastPay Partners

Beverly Hills, California, United States

Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

FastPay Partners LLC is a financial technology platform providing credit and payment solutions to digital industries. Leveraging proprietary technology and analytics, FastPay dynamically assesses the creditworthiness of borrowers and can issue working capital loans up to $100M+.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1