Friday , March 29, 2024

Mergers & Acquisitions

December, 2020

  • 9 December

    Sightline Notes Investment and other Digital Transactions News briefs from 12/9/20

    Sightline Payments, which provides payments for gaming companies, said it received an investment from private investment firm Searchlight Capital Partners. The amount was not disclosed. Also, Sightline cofounder and chief executive Kirk Sanford was replaced by Joe Pappano, Sightline president of Americas, who was appointed chief executive and a director …

  • 7 December

    Paysafe Is the Latest Payments Firm to Go Public as the SPAC Trend Picks up Steam

    A relatively novel method for private companies to go public gained momentum in the payments industry Monday with the announcement that London-based processor Paysafe Group Holdings Ltd. will be acquired by a group put together by Las Vegas-based Foley Trasimene Acquisition Corp. in a deal valued at approximately $9 billion.  …

  • 4 December

    Eye on BNPL: Affirm Acquires Rival PayBright And Alliance Data Finalizes Bread Acquisition

    It’s a hot time for buy now, pay later companies, especially when buyers come around. Affirm Inc. is buying Canadian rival PayBright Inc. and Alliance Data Systems Corp. completed its acquisition of Bread, the brand ran by Lon Operations LLC. Buy now, pay later specialist Affirm Inc. said it will acquire …

  • 2 December

    Lightspeed Looks to Become a Major Player in Hospitality With Acquisition of Upserve

    Canadian processor Lightspeed POS Inc. expects its acquisition of Upserve Inc., a Providence, R.I.-based provider of cloud-based restaurant-management software, to make it more competitive in the restaurant point-of-sale business in the United States.  The acquisition of Upserve for a combination of cash and stock totaling $430 million comes hot on …

  • 1 December

    Eye on Acquirers: Nuvei To Acquire Base Commerce Assets And Fattmerchant Gains Major Investor

    Nuvei Corp. is making a move to bolster its integrated payments offerings with the acquisition of substantially all the assets of Phoenix-based Base Commerce LLC. Announced Tuesday, the pending deal—it’s expected to close by Dec. 31—will expand Nuvei’s product capabilities with a proprietary automated clearing house platform and additional merchants, Montreal-based …

  • 1 December

    Unicorn Momentum—Like Much Else—Slows in 2020 for Payments Firms And Other Fintechs

    Most Americans will be glad to see the last of 2020 as they ring in 2021 in a few weeks, and that group will include private investors. In a year in which the coronavirus ran rampant, damaging many businesses and shuttering others, tech investors pegged significantly fewer privately held payments …

November, 2020

Digital Transactions