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i3 Verticals Completes Sale of Merchant Services Business to Payroc WorldAccess, LLC
Sep 23, 2024•almost 2 years ago
Contract Type
partnership
NashvilleInformation TechnologySoftware
Description
i3 Verticals, Inc. has completed the sale of its merchant services business, including its associated proprietary technology, to Payroc WorldAccess, LLC for approximately $438 million in cash. Following this divestiture, i3 Verticals is now focused solely on the Public Sector (including Education) and Healthcare verticals.
Company Information
Company
i3 Verticals
Location
Nashville, Tennessee, United States
About
The Company delivers seamless integrated payment and software solutions to customers and end users in strategic vertical markets. Building on its sophisticated and diverse platform of software solutions, the Company creates and acquires software products to serve the specific needs of public and private organizations in its strategic verticals that include Public Sector, Healthcare and Education, among others.
NashvilleInformation TechnologySoftware