Acquisitions in Kansas in 2014
Showing 2 transactions.
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- Buyer
- Heartland Payment Systems
- Target
- TouchNet Information Systems, Inc.
- Industry
- Payments & Fintech
- Location
- Kansas, United States
- Type
- Buyout
Heartland Payment Systems acquired TouchNet Information Systems, a provider of integrated commerce and payments solutions for higher-education institutions, for $375 million. The deal adds TouchNet's U.Commerce platform, ~180 employees and more than 600 higher-education clients to Heartland's Campus Solutions business, positioning Heartland as a leader in the higher-education payments market.
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- Buyer
- Kelly Investment Group
- Target
- S.S. of Kansas, Inc.
- Seller
- S.S. of Kansas, Inc., Gale Premer
- Industry
- Restaurants & Hospitality
- Location
- Kansas, United States
- Type
- Buyout
Kelly Investment Group of San Diego acquired S.S. of Kansas, Inc., including 16 Sirloin Stockade, Montana Mike's and Coyote Canyon restaurants in Kansas and Oklahoma. The deal, which closed on June 4, 2014, was advised by Aethlon Capital and provides an exit for long-time franchisee CEO Gale Premer.
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