Celero Commerce Acquires Community Bankers Merchant Services

August 18, 2022

Celero Commerce, a Nashville-based payments and fintech provider, has acquired Community Bankers Merchant Services (CBMS), an Arkansas-based provider of electronic transaction processing for community and regional banks. The acquisition expands Celero’s financial-institution network and merchant footprint, bringing its total merchants served to over 53,000 and annual card volume to roughly $21 billion.

Buyers
Celero Commerce
Targets
Community Bankers Merchant Services
Location
Arkansas, United States
Transaction Type
Buyout

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