MergerLinks Header Logo

Announced

Completed

BUSA completed the acquisition of BankCard USA from Quisitive for $76m.

Synopsis

BUSA Acquisition, a holding company, completed the acquisition of BankCard USA Merchant Services, a payment services provider, from Quisitive Technology Solutions, a digital transformation, payment processing, and innovations services and products provider, for $76m. “As we close this chapter, the strategic divestiture of our payments segment marks a pivotal moment for Quisitive. This is not merely a sale, it's a calculated move towards concentrating our prowess where we truly excel – as a spearhead in cloud solutions, in synergy with our powerful Microsoft partnership. This transition embodies our commitment to innovation and customer excellence, as we leverage emerging AI capabilities and cloud technology to deliver unparalleled service. It's a transformative step for Quisitive, as we streamline our focus and harness financial strength for sustained growth and value creation," Mike Reinhart, Quisitive CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US