M&A Deal Summary |
|
|---|---|
| Date | 2024-06-26 |
| Target | i3 Verticals - Merchant of Record Payments Business |
| Sector | Information Technology |
| Buyer(s) | Payroc |
| Sellers(s) | i3 Verticals |
| Deal Type | Divestiture |
| Deal Value | 440M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Internet Software and Services |
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 | 18 of 20 |
| Sector: Information Technology M&A | 6 of 7 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 16 of 17 |
| Year: 2024 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-06 |
SterlingCard
Markham, Ontario, Canada SterlingCard is a payment solution provider for both retail and e-commerce applications, offering customers the latest technology while maintaining a service-oriented focus. SterlingCard was founded in 1996 and is based in Markham Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-31 |
BlueSnap
Waltham, Massachusetts, United States BlueSnap offers SaaS-based global payments, eCommerce, and marketing solutions that enable digital goods and content sellers to market and sell products online to buyers. BlueSnap was founded in 2001 and is based in Waltham, Massachusetts. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Information Technology |
| Employees | 1,480 |
| Revenue | 230M USD (2024) |
i3 Verticals is a technology and integrated payments provider for a range of industry verticals throughout the United States. i3 Verticals was founded in 2012 and is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Information Technology M&A | 1 of 2 |
| Type: Divestiture M&A Deals | 1 of 2 |
| Country: United States M&A | 1 of 2 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-06 |
AccuFund
Castle Rock, Colorado, United States AccuFund is a provider of fund accounting solutions for government entities and nonprofits in the United States. The company's complete fund accounting financial management solution is available online or onsite that consists of a strong core system and modules to allow clients in expanding their needs. AccuFund was formed in 2001 and is based in Castle Rock, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-06 |
i3 Verticals - Healthcare Revenue Cycle Management Business
Nashville, Tennessee, United States i3 Verticals' Healthcare Revenue Cycle Management (RCM) business offers comprehensive solutions designed to streamline the financial operations of healthcare providers, ensuring timely and accurate reimbursement for services rendered. |
Sell | $96M |
