M&A Deal Summary

LPi Acquires ParishPay

On February 17, 2017, LPi acquired financial services company ParishPay from YapStone

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

M&A Deal Summary

Date 2017-02-17
Target ParishPay
Sector Financial Services
Buyer(s) LPi
Sellers(s) YapStone
Deal Type Divestiture

Target

ParishPay

Santa Monica, California, United States
ParishPay is a processor of electronic donations for faith-based organizations in the US. ParishPay has processed hundreds of millions in electronic donations nationwide. ParishPay offers its customers an easy-to-use, entirely web-based payment solution that accepts one-time and recurring credit card and ACH payments, and seamlessly integrates with most church software and accounting packages.

Search 215,074 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

LPi

New Berlin, Wisconsin, United States

Category Company
Sector Publishing
DESCRIPTION

LPi is a provider of advertising-supported, print and digital bulletins and newsletters to faith-based, community, and membership organizations across the U.S. LPi is based in New Berlin, Wisconsin.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-01 Parish Publishing Solutions

Sterling Heights, Michigan, United States

Parish is a niche publishing company that produces advertising-supported weekly church bulletins primarily for the Catholic Church.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-05 Liturgical Publications - WeShare and WeGather Assets

New Berlin, Wisconsin, United States

Liturgical Publications' WeShare and WeGather Assets offerings enable Ministry Brands to better serve our Catholic constituents. WeShare provides a centralized solution to enable the easy collection, management, and tracking of all donations and online payments. WeGather is a fully integrated software solution with a powerful online social community that enables engagement with staff, parishioners, and visitors in real-time. Liturgical Publications' WeShare and WeGather Assets are based in New Berlin, Wiscosin.

Sell -

Seller(S) 1

SELLER

YapStone

Walnut Creek, California, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

YapStone is a provider of web and mobile payment technology solutions, offering a platform that powers electronic payments for international online and mobile marketplaces, including HomeAway and VRBO, as well as for targeted, large vertical markets, including apartment and vacation rentals, HOA communities, self-storage and non-profits. YapStone was founded in 1999 and is based in Walnut Creek, California.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-04 ParishPay

Santa Monica, California, United States

ParishPay is a processor of electronic donations for faith-based organizations in the US. ParishPay has processed hundreds of millions in electronic donations nationwide. ParishPay offers its customers an easy-to-use, entirely web-based payment solution that accepts one-time and recurring credit card and ACH payments, and seamlessly integrates with most church software and accounting packages.

Buy -