Bain Capital and Silversmith Capital-backed Syncapay completed the acquisition of Wirecard North America from Wirecard Acquiring & Issuing.

Syncapay, a holding company focused on high potential payment solutions, completed the acquisition of Wirecard North America, a company specializing in issuing of compensation, disbursement, consumer incentive and refund card, from Wirecard, a company that offeres Internet payment and processing services. Financial terms were not disclosed. “We are thrilled to welcome North Lane into the Syncapay family, and, along with daVinci, look forward to delivering an unparalleled payments platform, empowering companies to thrive in a digital future. By bridging the technologies and capabilities of daVinci and North Lane, we will be positioned to sell a broader base of services and benefit from economies of scale to accelerate the growth opportunities for our combined company,” Juli Spottiswood, Syncapay Chairman and CEO.