PayRange Acquires KioSoft Technologies

Ridgeview Partners and The Baupost Group Invest in PayRange

September 30, 2024

Payments & Fintech

Ridgeview Partners, in partnership with The Baupost Group, has made a strategic growth investment in PayRange, a provider of IoT software and payment solutions for unattended retail. Founder and CEO Paresh Patel will remain in leadership with a significant ownership stake; debt financing was provided by Bain Capital's Private Credit Group to support the transaction.

PayRange Acquires Turns to Build Leading Laundromat Technology Platform

February 19, 2025

Cloud & SaaS

PayRange, a Portland-based provider of mobile payment and IoT solutions for unattended retail, has acquired Turns, a Lewes, Delaware-based all-in-one laundromat operating system. The acquisition integrates Turns' business management, pickup & delivery, POS and analytics capabilities into PayRange's machine payment platform to create a unified, end-to-end SaaS platform for laundromats across the U.S.

Valsoft Corporation Acquires CORE Cashless

September 25, 2025

Payments & Fintech

Valsoft Corporation has acquired CORE Cashless, a provider of cashless payment, POS, kiosk and access-control systems for the amusement and leisure industries. CORE Cashless will operate autonomously within Valsoft’s Aspire Software operating group to accelerate product development and global growth while preserving existing leadership and customer relationships.

Cyberbit Acquires RangeForce

September 23, 2025

Cybersecurity

Cyberbit has acquired RangeForce, combining two leading cyber range and training platforms to create an AI-powered operational cyber readiness offering for enterprises and governments. The deal is backed by Cyberbit's financial sponsors, Charlesbank Capital Partners and Claridge, and RangeForce will operate as a wholly owned subsidiary of Cyberbit.

Paystand Acquires Teampay

April 25, 2024

Payments & Fintech

Paystand has acquired Teampay to combine blockchain-enabled B2B payments with Teampay's spend and expense management platform, creating a no-fee, end-to-end payments and spend management suite for CFOs. The combined network will serve more than 1 million businesses and expand Paystand's AR capabilities into AP and corporate expense controls; financial terms were not disclosed.

Interopay Acquires Rewardworks

June 7, 2023

Payments & Fintech

Interopay Inc., a Portland-based B2B payment automation company, has acquired Rewardworks, a long-time accounts-payable/payment automation software provider. The deal — executed by Interopay (formed by Rewardworks management and investors) — will integrate Rewardworks' operations into Interopay to accelerate product development, expand customer reach, and enhance ERP-integrated payment solutions for mid-market customers.