Heartland Payment Systems Acquires TouchNet Information Systems

June 30, 2014

Heartland Payment Systems acquired TouchNet Information Systems, a provider of integrated commerce and payments solutions for higher-education institutions, for $375 million. The deal adds TouchNet's U.Commerce platform, ~180 employees and more than 600 higher-education clients to Heartland's Campus Solutions business, positioning Heartland as a leader in the higher-education payments market.

Buyers
Heartland Payment Systems
Targets
TouchNet Information Systems, Inc.
Location
Kansas, United States
Transaction Type
Buyout

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