Payroc Acquires Strategic Payment Systems
August 10, 2020
Payroc LLC, backed by private equity firm Parthenon Capital, has acquired Strategic Payment Systems, Inc., a Canton, Massachusetts-based payments company. The deal brings SPS's merchant relationships and payments capabilities onto Payroc’s global acquiring and processing platform to expand integrated payments, payment facilitation and international processing capabilities.
- Buyers
- Payroc LLC, Parthenon Capital
- Targets
- Strategic Payment Systems, Inc.
- Platforms
- Payroc LLC
- Industry
- Payments & Fintech
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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