Payroc Acquires i3 Verticals' Merchant Services Business

Payroc Acquires Atlantic Merchant Services

May 10, 2023

Payments & Fintech

Payroc WorldAccess, LLC (Payroc) has acquired Raleigh-based Atlantic Merchant Services, a full-service merchant payment processor serving the mid-Atlantic and beyond. The deal expands Payroc's merchant relationships, sales partner network and payment technology reach while allowing Atlantic Merchant's team to access Payroc's in-house processing and global capabilities.

Payroc Acquires East Commerce Solutions

January 13, 2022

Payments & Fintech

Payroc WorldAccess, LLC (Payroc) has acquired East Commerce Solutions, a merchant services provider founded in 1994 and based in East Providence, Rhode Island. The deal will expand Payroc's merchant service offerings and technology reach, integrating ECS's nationally distributed client base into Payroc's global payments platform.

Payroc Acquires Retriever Merchant Solutions

April 2, 2021

Payments & Fintech

Payroc WorldAccess, LLC (Payroc) has acquired Select Merchant Services, Inc. (d/b/a Retriever Merchant Solutions), a Munster, Indiana-based independent sales organization for payment processing. The deal brings approximately 30,000 merchants and 60 employees into Payroc, expands Payroc's annual payment volume and distribution capabilities, and provides Retriever access to Payroc's technology, underwriting, and global services.

Payroc Acquires SterlingCard Payment Solutions to Strengthen Canadian Card-Present Capabilities

February 6, 2024

Payments & Fintech

Payroc WorldAccess, LLC has acquired SterlingCard Payment Solutions Inc., a Markham, Ontario-based provider of card-present and payment solutions. The deal adds SterlingCard's team of 11 and card-present capabilities to Payroc's Canadian offering, complementing Payroc's existing card-not-present and ACH/PAD services and expanding its presence in Canada.

Payroc Acquires Beanstalk Payment Technologies' Debit Routing Solution

June 25, 2021

Payments & Fintech

Payroc WorldAccess, LLC acquired the debit payment routing intelligence and team from Beanstalk Payment Technologies, integrating Beanstalk’s cloud-based API and analytics into Payroc’s full-stack payment platform. The acquisition is intended to expand Payroc’s debit routing and cost-optimization capabilities for merchants, payfacs, and ISVs.

i3 Verticals Acquires Healthcare Revenue Cycle Management Business

October 1, 2021

Healthcare Services

i3 Verticals, Inc. acquired an undisclosed healthcare revenue cycle management business effective October 1, 2021 for $60.0 million in cash. The acquired business provides revenue cycle management, administrative and consulting services to hospitals, academic medical centers and practice groups—leveraging proprietary software, EHR integrations and payer relationships to expand i3 Verticals' Healthcare vertical.