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Announced

Unity FI Solutions to acquire Florida-based Money Transfer Systems.

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

Acquisition

United States

Friendly

Pending

check recovery

Payments / Commerce

Private

Single Bidder

Synopsis

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Unity FI Solutions, a leading provider of payment and software processing solutions, agreed to acquire Florida-based Money Transfer Systems, one of the nation’s premier electronic check recovery processors for financial institutions. Financial terms were not disclosed. “The Unity FI Solutions team has always focused on delivering best in class financial solutions for our family of clients,” said Stephen Contino and Dan Miller, co-founders of Unity FI Solutions. “We share both a spirit of innovation and a common set of organizational core values that made Money Transfer Systems the ideal choice for this strategic growth initiative.”

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