M&A Deal Summary

KORT Payments Acquires Barnet Technologies

On September 12, 2024, KORT Payments acquired software company Barnet Technologies

Acquisition Highlights
  • This is KORT Payments’ 1st transaction in the Software sector.
  • This is KORT Payments’ 1st transaction in Canada.
  • This is KORT Payments’ 1st transaction in Ontario.

M&A Deal Summary
Date 2024-09-12
Target Barnet Technologies
Sector Software
Buyer(s) KORT Payments
Deal Type Add-on Acquisition

Target

Barnet Technologies

Richmond Hill, Ontario, Canada
Barnet Technologies is a software development company that specializes in providing point-of-sale (POS) and enterprise management solutions tailored for the retail and wholesale industries. Barnet Technologies is based in Richmond Hill, Canada.

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Buyer(S) 1

Buyer

KORT Payments

Toronto, Ontario, Canada
Category Company
Sector Software
DESCRIPTION

KORT Payments is a specialized omnichannel payments platform. KORT's core purpose is enabling businesses to connect and transact seamlessly through industry-leading compliance, risk management, and payment processing capabilities. KORT Payments is based in Toronto, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
Mergr

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