REPAY Acquires Payix for Up to $115 Million

REPAY Acquires Ventanex

February 10, 2020

Payments & Fintech

REPAY Holdings Corporation acquired Ventanex for up to $50 million, paying $36 million at closing with up to $14 million payable via performance-based earnouts. The Dallas-based integrated payments provider (serving consumer finance, mortgage servicers and B2B healthcare) will expand REPAY's vertical footprint and create cross-sell and growth opportunities; the deal was financed with cash on hand and an upsized credit facility.

REPAY Holdings Acquires cPayPlus

July 23, 2020

Payments & Fintech

REPAY Holdings Corporation (NASDAQ: RPAY) acquired cPayPlus, an accounts payable automation provider headquartered in Salt Lake City, UT, for up to $16.0 million (approximately $8.0 million paid at closing with up to $8.0 million earnout). The acquisition strengthens REPAY’s AP automation capabilities to complement its AR and payments offerings and accelerates cross-sell opportunities across REPAY’s B2B and automotive customer base.

REPAY Acquires PayMaxx Pro

January 10, 2018

Payments & Fintech

REPAY (Realtime Electronic Payments), an Atlanta-based payments technology and processing company, has acquired PayMaxx Pro, an electronic payments provider serving the automotive industry. The acquisition expands REPAY's footprint in automotive payments, broadens its software integration capabilities, and brings PayMaxx Pro leadership (including Megan Bussie and Jon Leedom) and customers onto REPAY's platform.

Repay Acquires APS Payments for $60 million

October 14, 2019

Payments & Fintech

Repay Holdings Corporation (NASDAQ: RPAY) acquired APS Payments, a Mesa, Arizona-based B2B integrated payments provider, for $60 million (with $30 million paid at closing and up to $30 million in performance-based earnouts). The deal expands Repay's presence in the B2B payments vertical, adds ERP integrations and technology capabilities, and is expected to be immediately accretive to earnings.

REPAY Acquires CPS Payment Services

October 27, 2020

Payments & Fintech

REPAY Holdings Corporation agreed to acquire Atlanta-based CPS Payment Services for up to $93 million, with $78 million paid at closing and up to $15 million in earnouts. The acquisition expands REPAY's B2B payments and accounts-payable automation capabilities and brings CPS's enterprise client base and ERP-integrated AP automation technology into REPAY's product suite.

Repay Holdings Corporation Acquires Kontrol Payables

June 22, 2021

Payments & Fintech

Repay Holdings Corporation (REPAY) acquired Kontrol Payables for up to $11 million (approximately $8 million paid at closing) to expand its B2B accounts payable automation and payments capabilities. Kontrol, founded in 2011, provides integrated AP automation with 30+ ERP integrations and a supplier network of over 13,000, and is expected to process roughly $300 million of virtual card volume in 2021.