M&A Deal Summary

Payroc Acquires Beanstalk

On June 25, 2021, Payroc acquired internet software and services company Beanstalk

Acquisition Highlights
  • This is Payroc’s 7th transaction in the Internet Software and Services sector.
  • This is Payroc’s 9th transaction in the United States.
  • This is Payroc’s 1st transaction in Ohio.

M&A Deal Summary
Date 2021-06-25
Target Beanstalk
Sector Internet Software and Services
Buyer(s) Payroc
Deal Type Add-on Acquisition

Target

Beanstalk

Cincinnati, Ohio, United States
Beanstalk is a cloud-based fintech application programming interface (API) that provides routing alternatives while also reducing the costs associated with debit card transactions. Beanstalk is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Payroc

Tinley Park, Illinois, United States
Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

Payroc LLC is a provider of an online platform for merchants with anytime, anywhere payment solutions. The company transparent pricing clarity and developing personal relationships while delivering exceptional technology. Payroc services and supports more than 10,000 merchants throughout North America, providing stability in payments by safely and securely processing over $3 billion in annual charge volume.

DEAL STATS #
Overall 9 of 18
Sector (Internet Software and Services) 7 of 9
Type (Add-on Acquisition) 9 of 17
State (Ohio) 1 of 1
Country (United States) 9 of 16
Year (2021) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-02 Retriever Merchant Solutions

Munster, Indiana, United States

Retriever Merchant Solutions is a provider of payment processing systems and support services. The Company offers a complete range of merchant processing products and services, training, supplies and point-of-sale transaction equipment for credit cards, debit cards, gift cards and check services at competitive and cost-effective rates. Retriever Merchant Solutions was founded in 1994 and is based in Munster, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 ACHeck21

St. Charles, Missouri, United States

ACHeck21 is a technology platform built for purpose, that combines ACH (Automatic Clearing House) entry classes and Check21 along with ancillary services and features into a single hosted workflow. ACHeck21® and their FinTech Cloud® offers a fully integrated management console that puts you in the driver’s seat. ACHeck21 is based in St. Charles, Missouri.

Buy -
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