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Announced

Completed

REPAY completed the acquisition of Payix for $115m.

Financials

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Transaction Value£84m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

payment technologies

Private

Single Bidder

Domestic

Majority

Completed

United States

Payments / Commerce

Friendly

Synopsis

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REPAY, a provider of vertically-integrated payment solutions, completed the acquisition of Payix, an omni-channel payment technology platform, for $115m. "We are thrilled about the acquisition of Payix, a highly complementary business to REPAY. With its robust and highly flexible technology platform, Payix creates a uniquely positive experience and adds value for both the lender and borrower. Payix also has a strong pipeline and product roadmap, positioning it well for 2022 and beyond. We look forward to welcoming the Payix team into the REPAY family," John Morris, REPAY CEO.

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