M&A Deal Summary

TSYS Acquires iMobile3

On June 7, 2018, TSYS acquired information technology company iMobile3

Acquisition Highlights
  • This is TSYS’s 3rd transaction in the Information Technology sector.
  • This is TSYS’s 10th transaction in the United States.
  • This is TSYS’s 1st transaction in Florida.

M&A Deal Summary

Date 2018-06-07
Target iMobile3
Sector Information Technology
Buyer(s) TSYS
Deal Type Add-on Acquisition

Target

iMobile3

Jacksonville, Florida, United States
iMobile3 LLC is a provider of products and valued added technology services to the payments industry. iMobile3 is based in Jacksonville, Florida.

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Buyer(S) 1

Buyer

TSYS

Columbus, Georgia, United States

Category Company
Founded 1982
Sector Information Technology
Employees13,000
Revenue 4.0B USD (2018)
DESCRIPTION

TSYS is a provider of payment services, offering secure solutions to empower commerce across all channels. TSYS supports financial institutions, businesses, and governments in more than 80 countries. TSYS was formed in 1982 and is based in Columbus, Georgia.


DEAL STATS #
Overall 10 of 10
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 7 of 7
State: Florida M&A 1 of 1
Country: United States M&A 10 of 10
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-18 Cayan

Boston, Massachusetts, United States

Cayan is a provider of payment solutions and merchant services. Cayan enables merchants, developers and resellers to deliver current and emerging payment solutions. Cayan was founded in 1998 and is based in Boston, Massachusetts.

Buy $1.1B