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New Deal


Announced

Completed

MetaBank to acquire EPS Financial from Drake Enterprises for $21m and shares.

Synopsis

MetaBank®, savings bank, has acquired EPS Financial, financial transactions processor, from Drake Enterprises, tax preparation software. The offer values at $21m and 369,179 shares of Meta Financial common stock to Drake. “The completion of this acquisition further solidifies our presence in the tax services space and allows us to expand our services to even more ERO partners. We welcome EPS President Clark Gill and the entire EPS team to the MetaBank family.” J. Tyler Haahr, MetaBank CEO.

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