Mercury Payment Systems Acquired By Vantiv For $1.65 Billion
Durango, Colorado-based Mercury Payment Systems, the provider of payment processing services, has been acquired by Vantiv, in a deal worth $1.65 billion, the companies said late Monday. Mercury Payment Systems was owned by private equity firm Silver Lake. Mercury had recently filed for an IPO. Vantiv is a competing provider of payment processing systems for merchants. Vantiv said the deal will accelerate its growth in the integrated payments area.
posted on Tuesday, May 13, 2014
Related companies:
Mercury Capital Partners
Related stories:
> Mercury Payment Systems Withdraws S-1 After Acquisition
> Mercury Payment Systems Names CTO
> Mercury Payment Systems Names Compliance Chief
> Mercury Payment Systems Gets Investment From Silver Lake
> Mercury Payment Files For Confidential IPO
Techrockies.com Home