The Beekman Group Recapitalizes Convenient Payments
March 18, 2019
An affiliate of The Beekman Group (Beekman Investment Partners III, LP) completed a majority recapitalization of Utah-based Convenient Payments LLC, providing growth equity to support expansion of the company's software-based payment solutions. The investment will fund product and team growth as Convenient Payments scales its payment platforms for customers in government, education, and medical sectors.
- Buyers
- The Beekman Group (Beekman Investment Partners III, LP)
- Targets
- Convenient Payments LLC
- Industry
- Payments & Fintech
- Location
- Utah, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Convenient Brands Acquires Dealer Pay
August 4, 2022
Payments & Fintech
Convenient Brands, a Draper, Utah-based platform and portfolio company of The Beekman Group, has acquired Dealer Pay, LLC, a St. Louis-area provider of web-based payments and point-of-sale software for automotive dealerships. The transaction includes a strategic growth investment to accelerate product development and expand Convenient Brands' automotive payments and software offering.
-
Convenient Payments (Beekman-backed) Acquires Mainstreet Computers
September 25, 2019
Software
Convenient Payments Holdings LLC, a Beekman Investment Partners III portfolio company, has acquired Mainstreet Computers, a Belleville, Michigan-based provider of cloud-based business software for the auto and flat glass industries. The deal is an add-on to Convenient Payments’ software and payments platform, intended to integrate Mainstreet’s Glas-Avenue product with Convenient Payments’ IntelliPay processing and accelerate growth through shared resources.
-
The Beekman Group Recapitalizes Condado Tacos
February 26, 2020
Restaurants & Hospitality
An affiliate of Beekman Investment Partners IV (The Beekman Group) completed a recapitalization of Condado Tacos. Founder and CEO Joe Kahn remains the company's largest individual shareholder and Condado will use the partnership to accelerate growth of its fast-casual taco concept across the Midwest and into new markets.
-
Beekman Investment Partners Recapitalizes AutoManager LLC
October 18, 2021
Cloud & SaaS
An affiliate of Beekman Investment Partners IV completed an investment to recapitalize California-based AutoManager LLC, providing growth capital to support product development and expansion of its dealer management system and digital marketing offerings. Beekman partnered with AutoManager management and industry advisor/co-investor Allen Dobbins in the transaction.
-
Vehlo Acquires Dealer Pay from Convenient Brands
May 28, 2025
Payments & Fintech
Vehlo (Vehlo Holdings) has acquired Dealer Pay, a dealer-focused payments and POS software provider, from Convenient Brands, a portfolio company of The Beekman Group. The deal expands Vehlo's dealership service-lane ecosystem by adding integrated payment processing, DMS integrations, reporting, and loyalty features to its suite of automotive software and financial solutions.
-
New State Capital Partners Recapitalizes Global Holdings
October 15, 2019
Payments & Fintech
New State Capital Partners completed a recapitalization of Global Holdings (Global Holdings Acquisition, LLC) supported by a senior credit facility arranged by Comvest Credit Partners. Global Holdings is a payment and account processing provider to the U.S. consumer debt settlement industry and was highlighted for its recurring revenue and long-standing client relationships.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.