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New Deal


Announced

Completed

TA Associates completed the acquisition of AffiniPay from Great Hill Partners.

Financials

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

Sources

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Tags

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Single Bidder

Majority

Private Equity

Completed

Private

United States

Acquisition

Payments / Commerce

Domestic

other financial services

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Synopsis

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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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