Direct Connect Acquires Merchant Portfolio from PayLogic

December 3, 2015

Chantilly-based ISO Direct Connect acquired a merchant portfolio from PayLogic and will provide investment capital and operational support to grow PayLogic’s CampusConnect program. Direct Connect — majority-owned by private equity firm The Beekman Group — said the purchase aligns with its strategy of growth through portfolio acquisitions and partnership with ISOs.

Buyers
Direct Connect
Targets
PayLogic
Sellers
PayLogic
Platforms
Direct Connect
Location
United States
Transaction Type
Addon

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