M&A Deal Summary

JetPay Acquires ACI Merchant Systems

On November 10, 2014, JetPay acquired financial services company ACI Merchant Systems

Acquisition Highlights
  • This is JetPay’s 1st transaction in the Financial Services sector.
  • This is JetPay’s 1st transaction in the United States.
  • This is JetPay’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2014-11-10
Target ACI Merchant Systems
Sector Financial Services
Buyer(s) JetPay
Deal Type Add-on Acquisition

Target

ACI Merchant Systems

Langhorne, Pennsylvania, United States
ACI Merchant Systems, LLC is a debit and credit card processing company.

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Buyer(S) 1

Buyer

JetPay

Berwyn, Pennsylvania, United States
Category Company
Founded 2012
Sector Financial Services
Revenue 76M USD (2017)
DESCRIPTION

JetPay is a provider of payment services with solutions for credit card processing, payroll processing, and prepaid cards, all designed to meet our customers'specific business needs. JetPay was formed in 2012 and is based in Berwyn, Pennsylvania.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-24 CollectorSolutions

Pensacola, Florida, United States

CollectorSolutions, Inc. is a provider of debit and credit card processing services to government agencies and utilities. CSI delivers these high-quality products and services through a userfriendly gateway and reporting system that enables all users to easily integrate data and real-time reporting. CSI services several hundred state and local government agencies and utilities throughout the United States.

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