Announced
Synopsis
Fulcrum, an IT service management company, agreed to acquire LedgerPay, cloud-enabled payment processing platform, from Quisitive, a premier Microsoft solutions provider and payments solutions provider, for $45m. "This shift allows Quisitive to realign resources and focus on our primary revenue-generating activities, which are central to our organization. Concurrently, it provides PayiQ with the necessary space, funding, and additional expertise to bring the product’s full potential to realization. We are confident that this move will greatly benefit our company as we refocus and grow our core business areas,” Mike Reinhart, Quisitive CEO.
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