Payroc Merges with Payscape, NXGEN International and BluePay Canada; Sponsored by Parthenon Capital
October 27, 2019
Payroc LLC has entered into a definitive agreement to merge with Payscape, NXGEN International and BluePay Canada in a Parthenon Capital‑sponsored transaction that creates a global merchant acquirer and payment facilitator operating in 46 countries. The combined company will operate under an enhanced Payroc brand, serving more than 55,000 merchants, processing roughly $23 billion in annual bankcard volume and employing more than 1,000 people across the U.S., Canada and international markets.
- Buyers
- Payroc LLC, Parthenon Capital
- Targets
- Payscape, NXGEN International, BluePay Canada
- Platforms
- Payroc LLC
- Industry
- Payments & Fintech
- Location
- United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
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 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 Worldnet
April 21, 2022
Payments & Fintech
Payroc WorldAccess (Payroc), a PE-backed global payments acquirer, has acquired Worldnet, a provider of unified omnichannel payments gateway solutions for ISVs. The deal — completed with support from Payroc’s sponsor Parthenon Capital — expands Payroc’s embedded payments and ISV capabilities and brings Worldnet’s online, in‑store, unattended, and mobile payment technology onto Payroc’s platform.
-
Payroc Acquires Bluestone Payments
November 18, 2020
Payments & Fintech
Payroc WorldAccess, LLC acquired Bluestone Payments, LLC, an independent sales organization (ISO) founded by Linda Rossetti, to grow its sales organization and expand merchant referral relationships. Payroc — a merchant acquirer backed by private equity firm Parthenon Capital — will retain Rossetti as President of Bluestone and expand her role as EVP, Strategic Partnerships at Payroc.
-
Payroc Acquires Strategic Payment Systems
August 10, 2020
Payments & Fintech
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.
-
Parthenon Capital Brings Together NXGEN International and Payscape
May 2, 2019
Payments & Fintech
Parthenon Capital backed the merger of NXGEN International and Payscape to form a combined global payments provider serving small- and mid-market merchants, SaaS partners and financial institutions. The combined company will operate in roughly 75 countries, process over $10 billion in annual payment volume and serve more than 20,000 merchants, with a strategic focus on product breadth, SaaS integrations and further acquisitive growth.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.