CPI Card Group Inc. Acquires Arroweye Solutions, Inc.
May 7, 2025
CPI Card Group Inc. (Nasdaq: PMTS) acquired Arroweye Solutions, Inc., a provider of on‑demand, digitally‑driven payment card production and fulfillment, for $45.55 million in an all‑cash transaction completed upon signing on May 6, 2025. The acquisition expands CPI’s product and production capabilities—adding Arroweye’s just‑in‑time card manufacturing and personalization to CPI’s card production, instant issuance and digital solutions and is expected to support revenue and customer expansion.
- Buyers
- CPI Card Group Inc.
- Targets
- Arroweye Solutions, Inc.
- Industry
- Payments & Fintech
- Location
- Nevada, United States
- Transaction Type
- Buyout
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