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
- Industry
- Financial Services
- Location
- Arkansas, United States
- Transaction Type
- Buyout
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