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New Deal


Announced

Mastercard to acquire Transactis.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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payment solutions

Payments / Commerce

Private

Acquisition

Pending

United States

Friendly

Majority

Single Bidder

Synopsis

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Mastercard, an American multinational financial services corporation, agreed to acquire Transactis, a platform that helps businesses deliver bills and receive payments through one simple-to-navigate experience. Financial terms were not disclosed. "We see Transactis as strengthening our support of the bill payments space. Transactis’ technical and commercial know-how, combined with our reach and comprehensive payment options will greatly simplify the entire process. We’ll be able to deliver a better real-time consumer experience, from sign-up to viewing and paying bills, leveraging the investments that have been made in the core infrastructure," Colleen Taylor, Mastercard executive vice president of new payment platforms, North America.

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