Integrum to acquire the merchant e-solutions business from Cielo for $290m.

Integrum, an innovative investment firm focused on partnering with technology-enabled services companies, agreed to acquire the merchant e-solutions business from Cielo, a payments company, for $290m. “The US payments sector is a large, growing market driven by the continued secular shift toward digital payments. As a result of our team’s extensive experience and deep network, payments is a core investment focus for Integrum and we view MerchantE as an attractively-positioned platform in the sector," Tagar Olson, Integrum Co-Founder.