Pivotal Payments Acquires Merchant Portfolio from American National Payments

March 31, 2011

Pivotal Payments completed the acquisition of a merchant portfolio from American National Payments, adding over 2,000 merchants and approximately $300 million in annual bankcard volume. The deal also brings an established ISO sales partner into Pivotal's channel, supporting the company's continued North American expansion of merchant services.

Buyers
Pivotal Payments
Targets
American National Payments
Sellers
American National Payments, Michael Lineback
Location
Missouri, United States
Transaction Type
Divestiture

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