M&A Deal Summary

Multi Service Technology Solutions Acquires BATON Financial Services

On February 23, 2022, Multi Service Technology Solutions acquired information technology company BATON Financial Services

Acquisition Highlights
  • This is Multi Service Technology Solutions’ 1st transaction in the Information Technology sector.
  • This is Multi Service Technology Solutions’ 1st transaction in the United States.
  • This is Multi Service Technology Solutions’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2022-02-23
Target BATON Financial Services
Sector Information Technology
Buyer(s) Multi Service Technology Solutions
Deal Type Add-on Acquisition

Target

BATON Financial Services

New Orleans, Louisiana, United States
BATON Financial Services is a technology company provides B2B payments faster and more flexible for small B2B businesses. BATON Financial Services was founded in 2017 and is based in New Orleans, Louisiana.

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Buyer(S) 1

Buyer

Multi Service Technology Solutions

Overland Park, Kansas, United States
Category Company
Founded 1978
Sector Information Technology
DESCRIPTION

Multi Service specializes in the design, implementation, and management of commercial billing and payment solutions, specifically closed-loop, net pay programs. The company work with clients to identify specific credit requirements and transaction processing concerns in order to develop operational efficiencies that can foster business growth. MSTS was formed in 1978 and is based in Overland Park, Kansas.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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