M&A Deal Summary

First Data Acquires Acculynk

On March 16, 2017, First Data acquired internet software and services company Acculynk

Acquisition Highlights
  • This is First Data’s 8th transaction in the Internet Software and Services sector.
  • This is First Data’s 15th transaction in the United States.
  • This is First Data’s 4th transaction in Georgia.

M&A Deal Summary
Date 2017-03-16
Target Acculynk
Sector Internet Software and Services
Buyer(s) First Data
Deal Type Add-on Acquisition

Target

Acculynk

Atlanta, Georgia, United States
Acculynk is an Atlanta-based technology company that delivers eCommerce solutions for debit card acceptance. Acculynk’s unique debit routing technology allows merchants to process online debit payments through the most cost-effective available debit network, helping merchants reduce their total cost of acceptance.

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Buyer(S) 1

Buyer

First Data

Atlanta, Georgia, United States
Category Company
Founded 1989
Sector Financial Services
Employees24,000
Revenue 8.7B USD (2018)
DESCRIPTION
First Data's corporate headquarters in Atlanta, Georgia.
First Data's corporate headquarters in Atlanta, Georgia.

First Data is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers. First Data was formed in 1989 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 18 of 23
Sector (Internet Software and Services) 8 of 9
Type (Add-on Acquisition) 15 of 20
State (Georgia) 4 of 4
Country (United States) 15 of 17
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-18 Spree Commerce

Chevy Chase, Maryland, United States

Spree Commerce, Inc. is a provider of e-commerce platform services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-29 CardConnect

King of Prussia, Pennsylvania, United States

CardConnect is a provider of payment processing and technology solutions, helping organizations from independent coffee shops to iconic global brands – accept billions of dollars in card transactions each year. CardConnect was formed in 2006 and is based in King of Prussia, Pennsylvania.

Buy $750M
Mergr

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