Add-on Acquisition • Information Technology

Paysafe Acquires Delta Card Services

On July 21, 2017, Paysafe acquired information technology company Delta Card Services for 470M USD

Acquisition Context
  • This is Paysafe’s 3rd transaction in the Information Technology sector.
  • This is Paysafe’s 2nd largest (disclosed) transaction.
  • This is Paysafe’s 3rd transaction in the United States.
  • This is Paysafe’s 1st transaction in Texas.

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M&A Deal Summary

Date July 21, 2017
Target Delta Card Services
Sector Information Technology
Buyer(s) Paysafe
Deal Type Add-on Acquisition
Deal Value 470M USD

Target Company

Delta Card Services

Houston, Texas, United States
Delta Card Services, Inc. is a data-focused full service payment processor for merchants and sophisticated, high-volume Independent Sales Organisations (“ISOs”) in North America. Delivering card processing services to approximately 60,000 merchants in 50 states.
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Buyer Overview 1

Buyer

Paysafe

Hamilton, Bermuda

Category Company
Sector Financial Services
Employees3,000
Revenue 1.7B USD (2024)
DESCRIPTION

Paysafe is an integrated payments platform that enables businesses and consumers to connect and transact seamlessly through capabilities in payment processing, digital wallet, and online cash solutions. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics, and the convergence between brick-and-mortar and online payments.


Deal Context for Buyer #
Overall 6 of 11
Sector: Information Technology 3 of 4
Type: Add-on Acquisition 6 of 11
State: Texas 1 of 1
Country: United States 3 of 6
Year: 2017 1 of 1
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 Income Access Group

Montreal, Quebec, Canada

Income Access Group is a technology and digital marketing business servicing the global gambling and gaming market, including traditional iGaming, social gaming, mobile, land-based and trading (Forex, Binary Options) brands.

Buy CA$40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-12 iPayment Holdings

New York, New York, United States

iPayment Holdings, Inc. is a provider of payment and processing solutions for small and medium-sized businesses (SMB) iPayment was founded in 1992 and is based in New York, New York.

Buy -