Announced
Completed
Financials
Sources
Tags
Single Bidder
Majority
Private Equity
Completed
Private
United States
Acquisition
Payments / Commerce
Domestic
other financial services
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Synopsis
TA Associates, a private equity firm, completed the acquisition of AffiniPay, a full-service merchant account and online payment gateway provider, from Great Hill Partners, a growth equity firm. Financial terms were not disclosed. Payments companies, which typically process transactions between merchants and customers, have emerged as one of the hottest sectors in financial technology.
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