FIS Acquires Payrix from PSG and Blue Star Innovation Partners

Fiserv Acquires Pineapple Payments from PSG

March 31, 2021

Payments & Fintech

Fiserv has signed a definitive agreement to acquire Pineapple Payments, a Pittsburgh-based payments technology provider, from growth equity firm PSG. The deal will bring Pineapple into Fiserv's Global Business Solutions division (Partner Solutions unit) to expand Fiserv's delivery of omni-channel payment solutions and broaden distribution to ISVs and SMB merchants; the transaction is expected to close in Q2 2021.

Fortis Acquires SmartPay to Strengthen Embedded Payments Capabilities

June 22, 2023

Payments & Fintech

Fortis, a US-based embedded payments and commerce technology provider, has acquired SmartPay, an embedded payments solution provider with strong ERP and enterprise software relationships. The acquisition will add SmartPay’s team and customer relationships to Fortis and expand its capability to serve software platforms, marketplaces and scaling businesses, coinciding with Fortis’ launch into Canada and new settlement features.

Fiserv Acquires Pinch Payments

April 8, 2025

Payments & Fintech

Fiserv has acquired Pinch Payments, an Australian payment facilitator and PayFac enablement platform, to strengthen its payment orchestration and PayFac capabilities in the APAC region. Pinch, founded in 2017 and serving roughly 2,000 merchants across Australia and New Zealand, will be integrated into Fiserv’s ecosystem to accelerate go-to-market and expand local merchant solutions including cloud-based offerings like Clover.

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.

PSG Makes Growth Investment in Fidelity Payment Services; H.I.G. Growth Partners Remains Minority

July 19, 2022

Payments & Fintech

PSG (Providence Strategic Growth) has made a strategic growth equity investment in Fidelity Payment Services, the operator of the Cardknox omni-channel payments platform. Existing investor H.I.G. Growth Partners sold its majority stake but coinvested in the deal and will remain a minority shareholder; proceeds will support Fidelity's go-to-market acceleration and M&A plans.

Blue Star Innovation Partners Makes Growth Investment in PlayMetrics

August 23, 2023

Cloud & SaaS

Blue Star Innovation Partners, a growth-focused investment firm backed by Jerry Jones, has taken a significant ownership position in PlayMetrics, a Morrisville, North Carolina-based provider of operations management software for youth sports organizations. The capital and BSIP's software and payments expertise will accelerate product development, improve customer service, and support expansion into additional youth sports end markets like leagues, tournaments, and governing bodies.