M&A Deal Summary |
|
|---|---|
| Date | 2022-01-19 |
| Target | Velocity Business Solutions |
| Sector | Information Technology |
| Buyer(s) | Paya |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Sector | Financial Services |
| Revenue | 249M USD (2021) |
Paya is a provider of payment processing and merchant-acquiring solutions in North America. The company provides credit card, ACH, check, gift, and loyalty card processing services to small and medium-sized businesses in the United States and Canada. Paya's payment solutions integrate with merchants' business management software solutions and enable them to securely accept electronic payments through multiple channels, including card-present, e-commerce, and mobile. Through the Company's EFT subsidiary, Paya offers specialized ACH processing services to merchants, processors, and other businesses. It serves a diversified client base of approximately 100,000 SMBs including healthcare providers, non-profit and faith-based organizations, and accounting software companies. Paya is based in Dunwoody, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Information Technology M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| Country: China M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-26 |
Paragon Payment Solutions
Tempe, Arizona, United States Paragon Payment Solutions is an integrated payments provider committed to delivering tailored solutions and strategic partnerships that help software providers and their customers excel. Paragon Payment Solutions is based in Tempe, Arizona. |
Buy | - |
