1. Home >
  2. M&A >
  3. Merger >
  4. United States >
  5. Florida >
  6. JetPay Acquires CollectorSolutions

M&A Deal Summary

JetPay Acquires CollectorSolutions

On February 24, 2016, JetPay acquired financial services company CollectorSolutions

Acquisition Highlights
  • This is JetPay’s 2nd transaction in the Financial Services sector.
  • This is JetPay’s 2nd transaction in the United States.
  • This is JetPay’s 1st transaction in Florida.

M&A Deal Summary
Date 2016-02-24
Target CollectorSolutions
Sector Financial Services
Buyer(s) JetPay
Deal Type Merger

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-10 ACI Merchant Systems

Langhorne, Pennsylvania, United States

ACI Merchant Systems, LLC is a debit and credit card processing company.

Buy -
Mergr

Solution for

Product

Company

Legal