Announced
Completed
Financials
Tags
Friendly
Majority
Single Bidder
Acquisition
Payments / Commerce
Completed
Private
United States
Domestic
payment solutions
Synopsis
Electronic Merchant Systems, a provider of merchant services and payment processing solutions, completed the acquisition of a majority stake in Paysley, a contactless payment solutions provider. Financial terms were not disclosed. "I am beyond excited about the equity partnership between EMS and Paysley. It is the next big step in our evolution and will translate into an even better payment product and service now and into the future. That will always be the most important thing to me," Chris Roets, Paysley President and Founder.
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