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Completed
Synopsis
Jabil, an American worldwide manufacturing services company, completed the acquisition of YouTransactor, a payment-industry firm, from BlackFin, a private equity firm. Financial terms were not disclosed. "The formation of Jabil Payment Solutions reinforces a corporate imperative to invest in strategic capabilities that broaden our core competencies and bring innovative solutions to market with speed and agility. We can now empower companies across the payment ecosystem with a proven hardware platform from YouTransactor backed by Jabil’s global manufacturing footprint, custom mechanical capabilities and best-in-class supply chain management solutions," Rafael Renno, Jabil Retail Solutions VP.
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