M&A Deal Summary

Flywire Payments Acquires Sertifi

On February 25, 2025, Flywire Payments acquired information technology company Sertifi

Acquisition Highlights
  • This is Flywire Payments’ 5th transaction in the Information Technology sector.
  • This is Flywire Payments’ 5th transaction in the United States.
  • This is Flywire Payments’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2025-02-25
Target Sertifi
Sector Information Technology
Buyer(s) Flywire Payments
Deal Type Add-on Acquisition

Target

Sertifi

Chicago, Illinois, United States
Sertifi is a vertical software and payments platform digitizing hospitality-specific workflows and associated payments. The company integrates with Catering and Property Management Systems such as Amadeus’s Delphi, Salesforce, Oracle’s OPERA Cloud OPERA 5, and Infor. Sertifi is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Flywire Payments

Boston, Massachusetts, United States

Category Company
Founded 2009
Sector Information Technology
Employees1,200
Revenue 403M USD (2023)
DESCRIPTION

Flywire Payments is a provider of global payment and receivables solutions, connecting over 1,400 businesses and institutions with their customers on six continents. The company processes billions in payments per year from 220 countries and territories, via bank transfer, credit card and e-wallet solutions, in over 120 different local currencies. Flywire’s scalable platform provides currency conversion at exchange rates that can offer significant savings when compared to home-market banks and credit card providers. The company also supports its clients with end-to-end customer support including multilingual servicing via phone, email, and chat, as well as 24/7 online payment tracking. Flywire Payments was founded in 2009 and is headquartered in Boston, Massachusetts with operations in London and Manchester, UK; Shanghai, China; Tokyo, Japan; Singapore; Sydney, Australia; and Valencia, Spain.


DEAL STATS #
Overall 9 of 9
Sector (Information Technology) 5 of 5
Type (Add-on Acquisition) 9 of 9
State (Illinois) 2 of 2
Country (United States) 5 of 5
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-06 Invoiced

Austin, Texas, United States

Invoiced is an operator of a platform that empowers B2B finance teams to automate A/R processes by managing invoices, communicating with payers, and reconciling payments to their Enterprise Resource Planning (ERP) systems. Invoiced is based in Austin, Texas.

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