Acquisitions

Acquisitions
Roper Acquires Childcare Software Firm Procare for $1.7 Billion
January 25, 2024

Roper Technologies has added childcare center software firm Procare Software to its stable of companies. The Sarasota, Florida, company announced the $1.75 billion deal in a Thursday (Jan. 25) news release, saying the purchase was being funded through its revolving credit facility. “Procare is a terrific business with...

Acquisitions
Retail Lockbox Acquires Specialized Provider eRemitt
January 25, 2024

Payments company Retail Lockbox has acquired specialized lockbox provider eRemitt. “This strategic geographic expansion provides fresh access to a new client base and banking relationships to further support Retail Lockbox’s commitment to expand its footprint and scope of services and clients,” the company said in...

Acquisitions
Synchrony’s POS Acquisition Underscores Paying Over Time’s Appeal Beyond the Cards
January 22, 2024

In an age where consumers are grappling with ways to manage debt, but also finance the purchases they need, point-of-sale financing is gaining ground. To that end, and as announced last week, Synchrony will acquire Ally Financial’s point-of-sale financing arm. In terms of reach, Synchrony...

Acquisitions
Synchrony to Acquire Ally Financial’s POS Financing Arm
January 19, 2024

Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business.  This acquisition includes $2.2 billion of loan receivables and relationships with 2,500 merchant locations and 450,000 active borrowers, the companies said in a Friday (Jan. 19) press release.  It will allow Synchrony...

Acquisitions
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  The acquisition will allow DMI to incorporate the ZestMoney checkout financing platform into its product suite, broadening its engagement with current and potential customers, the company said in a Wednesday...

Acquisitions
Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
January 16, 2024

Restaurant Brands International, the owner of the Burger King brand, will acquire Carrols Restaurant Group, the largest Burger King franchisee in the United States, for about $1 billion. Over the next five years, RBI will remodel about 600 of the 1,022 Burger King restaurants operated...

Acquisitions
Rokt to Acquire AfterSell and Expand Shopify User Tools
January 12, 2024

Rokt has agreed to acquire AfterSell in a move the company says will provide more tools to Rokt Shopify app users.  These tools will help small- to medium-sized businesses (SMBs) boost revenue and enhance their customers’ shopping experience, Rokt said in a Thursday (Jan. 11) press release. ...

Acquisitions
Sovos Acquires Aatrix to Enhance eFiling Capabilities
January 11, 2024

Sovos, a global compliance technology solutions and services provider, acquired Aatrix Software, a company specializing in payroll tax forms. The move aims to enhance Sovos’ capabilities across eFiling for 1099 and ACA 1095 reporting, as well as W2/payroll reporting, the companies said in a Thursday...

Acquisitions
Thomson Reuters Offers $626 Million for eInvoicing Firm Pagero
January 11, 2024

Thomson Reuters plans to acquire Swedish eInvoicing firm Pagero for $626 million. The technology and content company said in a Thursday (Jan. 11) press release that the offer follows a partnership between the two companies launched last year to create a suite of global indirect...