Payments & Fintech Acquisitions in 2015
Showing 1 transactions.
-
December 3, 2015
- Buyer
- Direct Connect
- Target
- PayLogic
- Seller
- PayLogic
- Industry
- Payments & Fintech
- Location
- United States
- Type
- Addon
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.
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