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New Deal


Announced

Completed

Quisitive completed the acquisition of BankCard USA for $120m.

Financials

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Transaction Value£87m
Consideration TypeCash, Ordinary Shares, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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electronic payment

Majority

finance services

Acquisition

Single Bidder

Cross Border

Friendly

Private

United States

Payments / Commerce

Completed

Synopsis

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Quisitive Technology Solutions, a digital technology consulting firm, completed the acquisition of BankCard USA Merchant Services, a provider of end-to-end electronic payment products and services, for $120m. “Our team is proud to be joining Quisitive at this major inflection point, as they turn the corner into the full commercialization of LedgerPay and launch what is going to be a major industry innovation. We look forward to supporting them in this journey with our expertise and IP, as well as having the opportunity to offer LedgerPay to our diverse customer base,” Shawn Skelton, BankCard USA CEO.

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