REPAY Acquires BillingTree from Parthenon Capital

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 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.

Paya Holdings Acquires Paragon Payment Solutions

April 26, 2021

Payments & Fintech

Paya Holdings, Inc. (NASDAQ: PAYA) announced the acquisition of Paragon Payment Solutions, a Tempe, Arizona-based integrated payments provider that processes approximately $1.5 billion in annual payment volume. The acquisition strengthens Paya’s ISV partner roster and expands its capabilities and reach in the non-profit and healthcare verticals; Paragon executives Roy Bricker and Brock Robertson will assist with integration and ISV sales efforts.

Global Payments Acquires MineralTree

September 8, 2021

Payments & Fintech

Global Payments Inc. agreed to acquire MineralTree, a provider of accounts payable automation and B2B payments SaaS, for $500 million in cash. The acquisition expands Global Payments' B2B payments and AP automation capabilities and is expected to close pending customary approvals.

SimiTree Acquires Imark Billing

January 4, 2022

Healthcare Services

SimiTree, a Sheridan Capital Partners-backed post-acute healthcare consulting and services platform, has acquired Miami-based Imark Billing to expand its revenue cycle management and outsourced billing and coding capabilities. The acquisition integrates Imark's team into SimiTree to scale outsourced billing, coding and related revenue cycle services for home health, hospice and other post-acute organizations.