REPAY acquired TriSource Solutions for $65m.

REPAY, a leading provider of vertically-integrated payment solutions, acquired TriSource Solutions, which provides back-end transaction processing services to independent sales organizations, for $65m. The acquisition was financed with a combination of cash on hand and proceeds from borrowings under REPAY’s existing credit facility. “We are excited to join the REPAY team,” said Deborah Brown, COO of TriSource Solutions. “We have partnered with REPAY for many years and believe they will help us to accelerate our processing business growth. We look forward to working alongside the REPAY team to drive long term growth at the combined company.”