M&A Deal Summary

Vervent Acquires First Equity Card

On April 4, 2022, Vervent acquired safety/security company First Equity Card

Acquisition Highlights
  • This is Vervent’s 1st transaction in the Safety/Security sector.
  • This is Vervent’s 3rd transaction in the United States.
  • This is Vervent’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2022-04-04
Target First Equity Card
Sector Safety/Security
Buyer(s) Vervent
Deal Type Add-on Acquisition

Target

First Equity Card

North Wales, Pennsylvania, United States
First Equity Card is a provider of business credit solutions, including a highly innovative credit card program designed around the needs of small businesses. First Equity Card was founded in 2001 and is based in North Wales, Pennsylvania.

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Buyer(S) 1

Buyer

Vervent

San Diego, California, United States
Category Company
Founded 1986
Sector Financial Services
DESCRIPTION

Vervent is a loan servicing company offering in-depth industry expertise, cutting-edge technology and a comprehensive array of services across a variety of asset classes. Vervent was founded in 1986 and is based in San Diego, California.

DEAL STATS #
Overall 3 of 4
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Pennsylvania) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Total Card Solutions

Sioux Falls, South Dakota, United States

Total Card Solutions is a provider of credit servicing solutions. Total Card Solutions was founded in 2000 and is based in Sioux Falls, South Dakota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-07 Smiles on Demand

Sibulan, Philippines

Smiles on Demand is a BPO organization to build talented offshore teams in the Philippines for small to medium-sized businesses in English speaking markets worldwide. Smiles on Demand was formed in 2012 and is based in Sibulan, Philippines.

Buy -
Mergr

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