Convenient Brands Divests IntelliPay to Priority Commerce

Priority Commerce (Priority Technology Holdings) acquires IntelliPay

August 26, 2026

Payments & Fintech

Priority Technology Holdings, Inc. (trading as Priority Commerce) entered into a membership interest purchase agreement to acquire IntelliPay. The deal creates Priority Commerce Government to expand Priority Commerce’s enterprise payments business into the public sector, with IntelliPay expected to contribute just over $4 million in incremental revenue for the balance of 2026.

BankCard USA Merges with Preferred Payments to Form Ecrypt Inc.

September 30, 2025

Payments & Fintech

BankCard USA Merchant Services and Preferred Payments have merged and will operate jointly as Ecrypt Inc., combining BankCard USA's merchant portfolio and sales force with Preferred Payments' payment gateway and cloud EMV technology. The combined company, based in Agoura Hills, California, will offer end-to-end payment processing, subscription billing, advanced security (including AI-driven fraud protection and tokenization), and dedicated U.S.-based account management.

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.

MRI Software Acquires RentPayment Business from Priority Technology Holdings

September 23, 2020

Payments & Fintech

MRI Software has acquired the RentPayment business (RentPayment.com, StorageRentPayment.com and DuesPayment.com) from Priority Technology Holdings. Priority will continue to provide payment infrastructure and processing to the MRI platform; the deal brings a payments platform serving ~2,900 real-estate clients into MRI to scale and expand its global payments capability for residential, affordable and public housing markets.

PrimePay Acquires Assets of Interlogic Outsourcing, Inc.

October 9, 2019

Staffing & HR

PrimePay, LLC acquired the assets of Interlogic Outsourcing, Inc. (IOI) following IOI’s August 2019 bankruptcy filing; the purchase (approved by the U.S. Bankruptcy Court) included IOI’s client base, employees, intellectual property and a portion of physical property. PrimePay will onboard IOI’s clients and staff and integrate IOI’s payroll and HR capabilities into its nationwide services offering.

The Beekman Group Recapitalizes Convenient Payments

March 18, 2019

Payments & Fintech

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.