Wednesday , September 19, 2018

Mergers & Acquisitions

September, 2018

  • 14 September

    Grubhub Closes LevelUp Deal and other Digital Transactions News briefs from 9/14/18

    Grubhub, an online and mobile food-ordering marketplace, closed on its previously announced acquisition of LevelUp, a mobile-payments and -promotions platform, for $390 million in cash. Dream Payments, a digital-payments platform provider, released an application programming interface that allows insurers to link to the Dream Payments Hub as well as Mastercard …

  • 6 September

    Ingenico In Toshiba POS Deal and other Digital Transactions News briefs from 9/6/18

    TableSafe Inc., a provider of tabletop point-of-sale devices, has certified its RAIL platform for EMV chip cards with processor First Data Corp. Ingenico Group announced Toshiba Global Commerce Solutions is offering Ingenico’s payments-acceptance technology and services from its Telium Tetra platform to Toshiba’s  existing and prospective customers. Merchants also can use …

  • 4 September

    Eye on M&A: Elavon Buys Electronic Transaction Systems; FIS Sells Certegy Check Services

    Merchant acquirer Elavon Inc. has acquired Electronic Transactions Systems Corp., an independent sales organization and business-software provider, Elavon parent company U.S. Bancorp announced Tuesday. Another payment processor, Fidelity National Information Services Inc. (FIS), also reported Tuesday that it sold the assets of its Certegy Check Services unit to a private-equity …

August, 2018

  • 29 August

    In Separate Deals, Global Payments And Paysafe Bolster Their Integrated-Payments Efforts

    In deals that further signify the importance to processors of integrated payments, Global Payments Inc. and Paysafe separately brokered pacts with point-of-sale software providers. Atlanta-based Global Payments says Liquid Payments Inc., a Fort Lauderdale, Fla.-based developer, will use the company’s Heartland Payment Systems unit to process payments. Liquid Payments’ service …

  • 23 August

    CellPoint Mobile in Integration Deal and other Digital Transactions News briefs from 8/23/18

    Priority Technology Holdings Inc. said it purchased PPS Northeast, a former independent brand licensed office of Priority Payment Systems for an undisclosed amount. Payments provider CellPoint Mobile said its payment platform is now available to users of Runtriz’s hotel point-of-sale software for hotels and casinos. NACHA, the governing body for …

  • 21 August

    Linked2Pay Debuts Instant Merchant Settlement and other Digital Transactions News briefs

    Payment-processing technology company Pineapple Payments has acquired payment-gateway provider Transax for undisclosed terms. The deal represents the fifth acquisition this year for Pineapple, which says it is processing $3 billion in annual volume for more than 13,000 merchants. Payments-technology provider linked2pay introduced what it calls instant merchant settlements for credit …

  • 20 August

    Francisco Partners Closes on Its $3.4 Billion Verifone Deal

    As of Monday, point-of-sale terminal maker Verifone Systems Inc. once again is a privately-held company. Announced in April, the $3.4 billion deal also sees Michael Pulli, former chief executive of Pace plc, step into the same role at San Jose, Calif.-based Verifone, replacing Paul Galant, who became CEO in 2013. Galant …

  • 20 August

    Priority Buys POS Software Makers and other Digital Transactions News briefs from 8/20/18

    Priority Technology Holdings Inc., the new corporate name for Priority Payment Systems following a deal with M I Acquisitions Inc., announced the acquisition of RadPad and Landlord Station, business software for landlords. Just a day after the FBI warned bankers about a looming malware scheme to make ATMs dispense cash …

  • 15 August

    Change at Payment Alliance International As Three Top Execs, Including Two Cofounders, Exit

    Payment Alliance International, the Louisville, Ky.-based ATM operator, is in the midst of a strategic shift, one that has seen three top executives resign from the firm. John J. Leehy III, president and chief executive, Greg Sahrmann, executive vice president and chief operating officer, and Donna Embry, chief payments advisor, …

  • 14 August

    Citcon in Mall of America Deal and other Digital Transactions News briefs from 8/14/18

    Citcon USA LLC, a cross-border mobile-payment and marketing company, said its service will be enabled at various Mall of America merchandise shops and guest services and in the Nickelodeon Universe theme park inside the Bloomington, Minn., mall. Citcon’s service enables Chinese tourists to find merchants that accept Alipay and WeChat Pay. …