Payments & Fintech Acquisitions in Oregon

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.

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.

Goldfinch Partners has provided $125 million of growth capital to Vesta, a provider of fraud protection and fully guaranteed e-commerce payment solutions. The funding will support Vesta's product development, market expansion (including its new Singapore hub) and continued global deployment of its fraud-protection and payment technologies.