REPAY Acquires PayMaxx Pro

REPAY Acquires Payix for Up to $115 Million

January 3, 2022

Payments & Fintech

Repay Holdings Corporation (REPAY) acquired Payix, a Fort Worth-based omni-channel payment and collections SaaS platform, for up to $115 million ($95 million at closing plus up to $20 million earnout). The deal, financed with cash on hand and revolver capacity, strengthens REPAY's position in the automotive loan-repayment vertical and accelerates expansion into the BNPL market.

REPAY Holdings Acquires cPayPlus

July 23, 2020

Payments & Fintech

REPAY Holdings Corporation (NASDAQ: RPAY) acquired cPayPlus, an accounts payable automation provider headquartered in Salt Lake City, UT, for up to $16.0 million (approximately $8.0 million paid at closing with up to $8.0 million earnout). The acquisition strengthens REPAY’s AP automation capabilities to complement its AR and payments offerings and accelerates cross-sell opportunities across REPAY’s B2B and automotive customer base.

REPAY Acquires Ventanex

February 10, 2020

Payments & Fintech

REPAY Holdings Corporation acquired Ventanex for up to $50 million, paying $36 million at closing with up to $14 million payable via performance-based earnouts. The Dallas-based integrated payments provider (serving consumer finance, mortgage servicers and B2B healthcare) will expand REPAY's vertical footprint and create cross-sell and growth opportunities; the deal was financed with cash on hand and an upsized credit facility.

Repay Acquires APS Payments for $60 million

October 14, 2019

Payments & Fintech

Repay Holdings Corporation (NASDAQ: RPAY) acquired APS Payments, a Mesa, Arizona-based B2B integrated payments provider, for $60 million (with $30 million paid at closing and up to $30 million in performance-based earnouts). The deal expands Repay's presence in the B2B payments vertical, adds ERP integrations and technology capabilities, and is expected to be immediately accretive to earnings.

REPAY Acquires CPS Payment Services

October 27, 2020

Payments & Fintech

REPAY Holdings Corporation agreed to acquire Atlanta-based CPS Payment Services for up to $93 million, with $78 million paid at closing and up to $15 million in earnouts. The acquisition expands REPAY's B2B payments and accounts-payable automation capabilities and brings CPS's enterprise client base and ERP-integrated AP automation technology into REPAY's product suite.

SNH Capital Partners Acquires ProMax

April 26, 2018

Cloud & SaaS

SNH Capital Partners has acquired ProMax, a Davenport, Iowa–based SaaS provider of marketing services and credit data for automotive retail dealers. The acquisition, terms undisclosed, expands SNH's presence in retail automotive solutions alongside its portfolio companies such as National Credit Center and gains ProMax's product and management capabilities.