REPAY Acquires CPS Payment Services

Repay Acquires APS Payments for $60 million

October 14, 2019

Payments & Fintech

Repay Holdings Corporation (NASDAQ: RPAY) acquired APS Payments, a Mesa, Arizona-based B2B integrated payments provider, for $60 million (with $30 million paid at closing and up to $30 million in performance-based earnouts). The deal expands Repay's presence in the B2B payments vertical, adds ERP integrations and technology capabilities, and is expected to be immediately accretive to earnings.

REPAY Holdings Acquires cPayPlus

July 23, 2020

Payments & Fintech

REPAY Holdings Corporation (NASDAQ: RPAY) acquired cPayPlus, an accounts payable automation provider headquartered in Salt Lake City, UT, for up to $16.0 million (approximately $8.0 million paid at closing with up to $8.0 million earnout). The acquisition strengthens REPAY’s AP automation capabilities to complement its AR and payments offerings and accelerates cross-sell opportunities across REPAY’s B2B and automotive customer base.

Payentry Acquires Corporate Payroll Services (CPS)

September 11, 2025

Accounting & Tax

Payentry and Corporate Payroll Services (CPS) announced a merger under the Payentry brand, with CPS to be integrated and rebranded in mid–late 2026. The combination expands Payentry's payroll and human capital management capabilities, increases service capacity, and gives CPS clients access to Payentry's SaaS tools and HR compliance resources.

Repay Holdings Corporation Acquires Kontrol Payables

June 22, 2021

Payments & Fintech

Repay Holdings Corporation (REPAY) acquired Kontrol Payables for up to $11 million (approximately $8 million paid at closing) to expand its B2B accounts payable automation and payments capabilities. Kontrol, founded in 2011, provides integrated AP automation with 30+ ERP integrations and a supplier network of over 13,000, and is expected to process roughly $300 million of virtual card volume in 2021.

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.

REPAY Acquires BillingTree from Parthenon Capital

June 15, 2021

Financial Services

REPAY Holdings Corporation agreed to acquire BillingTree, a Scottsdale-based provider of omnichannel integrated payments solutions, from Parthenon Capital for approximately $503 million in a mix of cash and REPAY stock. The deal expands REPAY's presence in healthcare, credit unions and accounts receivable management verticals and adds BillingTree's technology, ~1,650+ clients and 50+ ISV integrations to REPAY's platform.