Heartland Payment Systems Acquires TouchNet Information Systems
June 30, 2014
Heartland Payment Systems acquired TouchNet Information Systems, a provider of integrated commerce and payments solutions for higher-education institutions, for $375 million. The deal adds TouchNet's U.Commerce platform, ~180 employees and more than 600 higher-education clients to Heartland's Campus Solutions business, positioning Heartland as a leader in the higher-education payments market.
- Buyers
- Heartland Payment Systems
- Targets
- TouchNet Information Systems, Inc.
- Industry
- Payments & Fintech
- Location
- Kansas, United States
- Transaction Type
- Buyout
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