M&A Deal Summary

Intrix Technology Acquires Witt Merchant Services

On April 8, 2014, Intrix Technology acquired internet software and services company Witt Merchant Services

Acquisition Highlights
  • This is Intrix Technology’s 3rd transaction in the Internet Software and Services sector.
  • This is Intrix Technology’s 4th transaction in the United States.
  • This is Intrix Technology’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2014-04-08
Target Witt Merchant Services
Sector Internet Software and Services
Buyer(s) Intrix Technology
Deal Type Add-on Acquisition

Target

Witt Merchant Services

Albuquerque, New Mexico, United States
Witt Merchant Services, Inc. is an independent sales organization recognized as providing high-quality payment processing services for small to mid-sized merchants. Witt Merchant Services offers an array of payment solutions including credit card and check-processing services, gift cards and stored value cards.

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Buyer(S) 1

Buyer

Intrix Technology

Roseville, California, United States
Category Company
Founded 1997
Sector Internet Software and Services
DESCRIPTION

Intrix Technology, Inc. is a leading technology enabled registered Independent Sales Organization, delivers innovative payment-processing solutions for developers, enterprises, retailers, processors and sales organizations.

DEAL STATS #
Overall 4 of 4
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (New Mexico) 1 of 1
Country (United States) 4 of 4
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-10 Merchant Processing USA

Southfield, Michigan, United States

Merchant Processing USA, Inc. is a specializes in providing credit card and check-processing services to small and mid-sized business, including retailers, business-to-business providers and e-commerce companies.

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