Acquiring Company
Payroc
Acquired Company
i3 Verticals
NashvilleFinancial ServicesPaymentsFinanceFintechInformation TechnologySoftwareDescription
Payroc WorldAccess LLC, an omni-channel payments provider, has agreed to acquire the merchant services business and related payments software and technology solutions of i3 Verticals, LLC in an all-cash transaction for $440 million. This acquisition will further strengthen Payroc's distribution capabilities and expand upon its suite of proprietary software solutions available to its merchants and partners, allowing Payroc to continue to be a leader among the banking and non-banking payment solutions.
Quick answer
Payroc is acquiring i3 Verticals for $440 million, announced June 28, 2024.
- How much did Payroc pay for i3 Verticals?
- The reported deal value is $440 million.
- What does Payroc do?
- Payroc is a high-growth, multi-national payments platform, merchant acquirer, and processing powerhouse processing over $93 billion in annual volume for more than 158,000 merchants.
- Where are Payroc and i3 Verticals based?
- i3 Verticals is based in Nashville, Tennessee, United States.
- Who are the decision-makers at Payroc?
- Fundz holds 1 contact at Payroc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Payroc, and when
When Payroc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Payroc raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Payroc, from your own LinkedIn network
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Related People
Frequently asked
Who acquired i3 Verticals?
i3 Verticals was acquired by Payroc. The deal was reported on June 28, 2024. Payroc is a high-growth, multi-national payments platform, merchant acquirer, and processing powerhouse processing over $93 billion in annual volume for more than 158,000 merchants. Payroc is privately held and operates in Financial Services.
When did Payroc acquire i3 Verticals?
Payroc's acquisition of i3 Verticals was reported on June 28, 2024. Payroc WorldAccess LLC, an omni-channel payments provider, has agreed to acquire the merchant services business and related payments software and technology solutions of i3 Verticals, LLC in an all-cash transaction for $440 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does i3 Verticals do?
The Company delivers seamless integrated payment and software solutions to customers and end users in strategic vertical markets. It is publicly traded (IIIV), operating in Information Technology, and is based in Nashville.
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