M&A Deal Summary

NXGEN International Acquires Payment Plus

On May 20, 2019, NXGEN International acquired internet software and services company Payment Plus

Acquisition Highlights
  • This is NXGEN International’s 1st transaction in the Internet Software and Services sector.
  • This is NXGEN International’s 1st transaction in the United States.
  • This is NXGEN International’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2019-05-20
Target Payment Plus
Sector Internet Software and Services
Buyer(s) NXGEN International
Deal Type Add-on Acquisition

Target

Payment Plus

Paducah, Kentucky, United States
Payment Plus, Inc. is a provider of merchant focused payment solutions. Payment Plus was founded in 1999 and is based in Paducah, Kentucky.

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Buyer(S) 1

Buyer

NXGEN International

Whitefish, Montana, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

NXGEN Payment Services, Inc. is a merchant service provider (MSP) serving over 20,000 merchants in multiple countries. NXGEN Payment Services was founded in 1999 and is based in Whitefish, Montana.


DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-25 BluePay Canada ULC

Georgetown, Ontario, Canada

BluePay Canada ULC is a provider of technology-enabled payment processing for merchants in the United States and Canada. Through physical POS, online, and mobile interfaces, as well as CRM and ERP software integrations, BluePay processes business-to-consumer and business-to-business payments while providing real-time settlement, reporting, and reconciliation, along with robust security features such as tokenization and point-to-point encryption.

Buy -