Results 1 to 10 of 10
-
01-27-2016, 10:17 AM #1
TSYS to acquire TransFirst for 2.35 billion
Anthony Diamond
Underwriter
-
01-27-2016, 11:49 AM #2
- Join Date
- Dec 2013
- Posts
- 4,713
know CEO john and the team Tsys got a steal with almost 250,000 merchants the processing volume tens of billions.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
01-27-2016, 11:50 AM #3
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
01-27-2016, 12:20 PM #4
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
-
01-27-2016, 01:38 PM #5
- Join Date
- Sep 2012
- Posts
- 75
I don't see any short term implications to our industry. There has been and will continue to be consolidation within the processing industry and this was just the latest example of it. There will be more to come.
www.swipebms.com
*Credit Card Processing for the Cash Advance Industry.
*Most Cash Advance friendly Processor.
*We split fund for virtually every Cash Advance provider!
*Need split funding? We can help!
-
01-27-2016, 01:46 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Hugh News was back in the day when a company called Concord EFS was buying an ISO/Processor a week and was paying real money for example they bought CPS (card payment systems) with only 18,000 merchants for 179M.
Last edited by mcaguru; 01-27-2016 at 01:56 PM.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
01-27-2016, 01:46 PM #7
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
-
01-27-2016, 04:20 PM #8
- Join Date
- Sep 2012
- Posts
- 75
It already has happened to a certain degree. Take the recent Global acquisition of Heartland - both top tier - top 10 acquirers. Or Vantiv acquisition of Mercury and quite a few others. There is more to come in the near and not so distant future.
Last edited by Benchmark; 01-27-2016 at 04:22 PM.
www.swipebms.com
*Credit Card Processing for the Cash Advance Industry.
*Most Cash Advance friendly Processor.
*We split fund for virtually every Cash Advance provider!
*Need split funding? We can help!
-
01-27-2016, 04:49 PM #9
mcaguru - my apologies that it's not up to par for your standard of "hugh news" sic: huge, but huge enough news for you to name drop the ceo. just thought it would be nice to share, being that it pertains to our industry.
Anthony Diamond
Underwriter
-
01-27-2016, 05:06 PM #10
- Join Date
- Dec 2013
- Posts
- 4,713
Its all good. that's the life cycle of business its like the sea...eventually the company that bought Transfirst is bought by a private equity company and before long a KKR / Blackrock / Blackstone / Ichan / Peltz buys the private equity company that has been doing all the buying.
regarding name dropping..i have been in the payment processing business for a long time and hold positions in several of them.Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
Similar Threads
-
Paypal reaches $1 billion funded
By Zach in forum Merchant Cash AdvanceReplies: 0Last Post: 10-27-2015, 01:35 PM -
TSYS Split Fund
By GMFunding in forum Merchant Cash AdvanceReplies: 0Last Post: 06-22-2015, 07:08 PM -
MCC hits 1 Billion funded
By isaacdstern in forum Merchant Cash AdvanceReplies: 5Last Post: 03-19-2015, 09:24 AM -
CAN Capital Said to Weigh IPO With Up to $2 Billion Value
By Lendini in forum Merchant Cash AdvanceReplies: 0Last Post: 11-21-2014, 01:24 PM -
Uber Raises Giant $1.2 Billion Funding Round At A $17 Billion Valuation
By JayBallentine in forum Everything elseReplies: 0Last Post: 06-06-2014, 06:33 PM