Electronic Merchant Systems Acquires PaymentCloud

Cloud for Good Acquires EMS Consulting

March 27, 2026

IT Services

Cloud for Good, a purpose-focused Salesforce consulting partner, has announced the acquisition of EMS Consulting, a firm specializing in Salesforce solutions for the financial services sector. The deal is intended to expand Cloud for Good’s financial-institutions expertise by integrating EMS’s FINS know-how, client base, and intellectual property.

Electronic Merchant Systems Acquires Peel Payments

April 16, 2025

Payments & Fintech

Electronic Merchant Systems (EMS), a Cleveland-based payments and merchant services provider, has acquired Oklahoma City-based Peel Payments, a boutique merchant acquirer focused on the petroleum/C-store vertical. The deal broadens EMS's distribution channels and strengthens its capabilities in petroleum and convenience-store payments while providing Peel Payments access to EMS's technology infrastructure and sales network.

BharCap Acquires Majority Stake in Electronic Merchant Systems

August 19, 2024

Payments & Fintech

BharCap Partners has made a strategic majority investment in Electronic Merchant Systems (EMS), a Cleveland-based merchant solutions and payments provider. Bain Capital Credit and Group 1001 provided senior debt financing and acted as equity co-investors to support the transaction; terms were not disclosed.

NMI Acquires USAePay to Expand Omnichannel Payment Offering

February 23, 2021

Payments & Fintech

NMI, a global payments enablement technology company headquartered in Schaumburg, Illinois, has acquired USAePay, a Glendale, California-based payment gateway and POS-focused payments provider. The acquisition combines both companies' e-commerce, retail, mobile and unattended payment capabilities to strengthen NMI's omnichannel offering and expand coverage in key verticals such as retail and restaurants; terms were not disclosed.

CORE Business Technologies Acquires Automated Merchant Systems

February 9, 2021

Financial Services

CORE Business Technologies acquired Automated Merchant Systems (AMS) on February 9, 2021 to expand its government-focused payments capabilities. The deal brings AMS's electronic payment processing expertise into CORE's SaaS cashiering, EBPP and constituent engagement platform to broaden gateway integrations and merchant services for government, healthcare and higher education clients.

Celero Commerce Acquires Elmhurst Financial Services and Tandem Innovative Payment Solutions

June 18, 2019

Payments & Fintech

Celero Commerce acquired Elmhurst Financial Services and Tandem Innovative Payment Solutions to expand its distribution and technology capabilities for financial institutions and SMB merchants. The transactions strengthen Celero's payment processing, business management software, and technology offerings and extend its service footprint to approximately 25,000 merchants and ~$10 billion in annual payment volume.