M&A Deal Summary

Tidal Commerce Acquires Merchant Bancard Processing

On November 4, 2021, Tidal Commerce acquired information technology company Merchant Bancard Processing

Acquisition Highlights
  • This is Tidal Commerce’s 1st transaction in the Information Technology sector.
  • This is Tidal Commerce’s 1st transaction in the United States.
  • This is Tidal Commerce’s 1st transaction in California.

M&A Deal Summary

Date 2021-11-04
Target Merchant Bancard Processing
Sector Information Technology
Buyer(s) Tidal Commerce
Deal Type Add-on Acquisition

Target

Merchant Bancard Processing

Los Angeles, California, United States
Merchant Bancard Processing is a merchant services company that offers best-in-class products and services for businesses to accept all forms of payment. Whether in-store or online, a small boutique or international corporation, their solutions drive revenue, decrease cost and improve data security for businesses. Merchant Bancard Processing was formed in 2017 and is based in Los Angeles, California.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Tidal Commerce

Oak Brook, Illinois, United States

Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Tidal Commerce is a payment processor that saves merchants money and scales with their growing business. Tidal offers custom payment processing solutions for merchants of all sizes. Tidal saves merchants on average over 30% on their credit card processing fees when they switch. The company offers state-of-the-art, mobile, and tablet-based terminals and point of sale systems. They are half the size and a quarter of the price of typical systems while offering a faster and more user-friendly checkout experience for merchants and their customers. Tidal's sales dashboard and e-commerce gateway give merchants the data analytics and tools they need to grow their business. Tidal Commerce was formed in 2003 and is based in Oak Brook, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1