M&A Deal Summary

Finical Acquires Safeguard Bankcard

On November 14, 2016, Finical acquired internet software and services company Safeguard Bankcard

Acquisition Highlights
  • This is Finical’s 1st transaction in the Internet Software and Services sector.
  • This is Finical’s 1st transaction in the United States.
  • This is Finical’s 1st transaction in Georgia.

M&A Deal Summary

Date 2016-11-14
Target Safeguard Bankcard
Sector Internet Software and Services
Buyer(s) Finical
Deal Type Add-on Acquisition

Target

Safeguard Bankcard

Atlanta, Georgia, United States
Safeguard Bankcard LLC is a provider of online merchant services in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Finical

Oak Park, California, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Finical, Inc. is a provider of global payment processing solutions for small to large enterprises in all 50 states. Finical provides a variety of services such as credit card and debit card processing, electronic check conversion, loyalty/gift card programs, consumer financing and business financing to its retail and e-commerce customers in all 50 states.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1