Payroc Merges with Payscape, NXGEN International and BluePay Canada; Sponsored by Parthenon Capital
October 27, 2019
Payroc LLC has entered into a definitive agreement to merge with Payscape, NXGEN International and BluePay Canada in a Parthenon Capital‑sponsored transaction that creates a global merchant acquirer and payment facilitator operating in 46 countries. The combined company will operate under an enhanced Payroc brand, serving more than 55,000 merchants, processing roughly $23 billion in annual bankcard volume and employing more than 1,000 people across the U.S., Canada and international markets.
- Buyers
- Payroc LLC, Parthenon Capital
- Targets
- Payscape, NXGEN International, BluePay Canada
- Platforms
- Payroc LLC
- Industry
- Payments & Fintech
- Location
- United States
- Transaction Type
- Addon
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