Tech Company M&A Transactions
Paymetric Acquisition
Paymetric was purchased by Vantiv. The transaction was announced on 4/26/2017. The companies did not announce any financial terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
4/26/2017
Transaction Type
M&A
Amount
Unknown
M&A Terms
Paymetric's deep system integration and workflow automation expertise will enhance our already-leading ecommerce technology capabilities. Paymetric's B2B focus will also enable us to enter this fast-growing vertical in a unique and differentiated way. The acquisition continues Vantiv's M&A strategy to leverage its platform and expand and diversify the channels and clients it serves. Financial terms of the deal were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
300 Colonial Center Parkway 130
Atlanta, GA 30076
USA
Atlanta, GA 30076
USA
Phone
Website
Email Address
Overview
Paymetric enables organizations to benefit from payment cards by integrating payment card buying and selling functions directly into the financial supply chain. Paymetric solutions leverage and extend SAP capabilities to streamline procurement, sales, and accounting operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Asif Ramji
Chief Financial Officer
Gil Friedman
VP - Bus. Development
Cameron Balash
VP - Marketing
Sandra Taylor
VP - Operations
Mark Berry
VP - Product Management
Bill Wied
Browse more venture capital transactions:
Prev: 4/26/2017: Science 37 venture capital transaction
Next: 4/26/2017: Nutriati venture capital transaction
Share this article
About Database of VC Transactions
We report on every notable VC transaction. VC transactions reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs