An online payment administration and escrow solutions provider, SRS|Acquiom launched a new mergers and acquisitions (M&A) payment administration service, Acquiom Clearinghouse.
This will permit paperless submission of all materials and payments, with buyers only needing to set up accounts and sellers using online forms to get paid.
Acquiom Clearinghouse distributes third-party vendor payments out of merger consideration, such as those for legal and investment banker fees, or for debt obligations due at closing.
SRS|Acquiom is a global payments administration and escrow investment provider that controls administrative needs in private M&A to complete transactions that help merger parties to close. The affiliated SRS and Acquiom lines of business deliver shareholder representation, payments administration, and escrow solutions.
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