M&A Deal Summary

InComm Payments Acquires Linq3 Technologies

On March 12, 2019, InComm Payments acquired leisure company Linq3 Technologies

Acquisition Highlights
  • This is InComm Payments’ 1st transaction in the Leisure sector.
  • This is InComm Payments’ 9th transaction in the United States.
  • This is InComm Payments’ 2nd transaction in Georgia.

M&A Deal Summary
Date 2019-03-12
Target Linq3 Technologies
Sector Leisure
Buyer(s) InComm Payments
Deal Type Add-on Acquisition

Target

Linq3 Technologies

Atlanta, Georgia, United States
Linq3 Technologies design, build and markets state-of-the-art products and solutions for traditional and digital lottery gameplay. Linq3 holds regulatory approvals and state licenses that allow it to generate and distribute lottery tickets through a proprietary technology platform. This platform uses existing point of sale (POS) devices at major retailers across the United States. Linq3 Technologies was founded in 2007 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

InComm Payments

Atlanta, Georgia, United States
Category Company
Founded 1992
Sector Financial Services
DESCRIPTION

InComm Payments is a provider of prepaid payment products and technology. The company supports over 250,000 retail locations globally including retailers such as Walmart, CVS, Walgreens, and Rite Aid. Its unique point-of-sale-activation (POSA) technology has enabled InComm Payments to consistently introduce new products that address current market needs. InComm Payments was founded in 1992 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 11 of 16
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 10 of 15
State (Georgia) 2 of 2
Country (United States) 9 of 12
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-05 Gift Card Impressions

Kansas City, Montana, United States

Gift Card Impressions LLC is a provider of gift card packaging and digital gifting solutions to physical and online retailers. Gift Card Impressions LLC was founded in 2007 and is based in Kansas City, Montana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-03 Hallmark Business Connections

Minneapolis, Minnesota, United States

Hallmark Licensing LLC provides integrated, personalized solutions for organizations to boost employee engagement through incentive programs built around physical and digital gift cards. Hallmark Licensing LLC was founded in 2010 and is based in Minneapolis, Minnesota.

Buy -
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