Pepkor To Combine Flash With Shop2Shop, Acquiring 57.1% Of The Resulting FintechCo

Comvest Partners Acquires Flash Global

December 8, 2022

Logistics & Distribution

Comvest Partners has made a strategic private equity investment to acquire Flash Global, a Parsippany, New Jersey-based provider of post-sales service supply chain and warehousing solutions. Flash Global will become a new platform in Comvest's private equity portfolio and will continue to be led by CEO Sam Mikles as the firm supports the company's next phase of growth and capability expansion.

TimePayment Acquires QuickSpark Financial

September 26, 2022

Financial Services

TimePayment, a Boston-based FinTech owned by affiliates of Fortress Investment Group, has acquired QuickSpark Financial, an e-commerce-focused equipment financing firm based in Tempe, Arizona. The deal brings QuickSpark’s vendor integrations, active leases (including those held by Briland Capital and QSE Capital), and its team into a new QuickSpark strategic business unit within TimePayment to expand e-commerce capabilities and market reach.

Billtrust Acquires Order2Cash

February 15, 2022

Cloud & SaaS

Billtrust has acquired Netherlands-based Order2Cash, a B2B order-to-cash platform provider, to expand its European footprint and broaden its Business Payments Network (BPN). Order2Cash's enterprise customer base and connections to 70+ B2B and B2G e-invoicing networks will be integrated into Billtrust's SaaS AR automation and payments platform; the Order2Cash team will continue operating from Amsterdam, Joure, Krakow and New York.

Foley Trasimene Acquisition Corp. II Combines with Paysafe

December 7, 2020

Payments & Fintech

Foley Trasimene Acquisition Corp. II has entered into a definitive merger agreement to combine with Paysafe Group Holdings Limited, creating a publicly listed Paysafe (PSFE) with an implied pro-forma enterprise value of approximately $9 billion. The transaction includes a $2.0 billion private placement (PIPE) from multiple institutional and private investors and is intended to de-lever the company and accelerate Paysafe's growth and M&A strategy.

Nets Group Acquires Polskie ePłatności (PeP)

October 26, 2020

Payments & Fintech

Nets Group has acquired Polish merchant acquirer Polskie ePłatności (PeP) to strengthen its presence in Poland and expand its POS and merchant services offering. The deal values PeP at an enterprise value of approximately EUR 405 million; PeP operates a large POS terminal base and employs more than 600 people.

Celero Commerce Acquires FlashBanc

April 7, 2020

Financial Services

Celero Commerce, a Nashville-based commerce solutions provider backed by LLR Partners, has acquired FlashBanc, a Boca Raton–headquartered provider of electronic payments technology and loyalty solutions. The deal expands Celero's payments and loyalty capabilities, bringing the combined business to approximately 28,000 merchants and roughly $10 billion in annual payment volume while maintaining FlashBanc's Boca Raton and San Francisco-area offices.