Entrata, a multifamily industry operating system, has acquired Rent Dynamics, a provider of resident rent reporting and financial resources. Entrata will integrate Rent Dynamics’ RentPlus products into its existing suite of resident services, the companies said in a Thursday (July 13) press release. “The combination of Entrata and Rent...
BlueAlly Technology Solutions has announced the acquisition of B2B Technologies, bringing together two industry players in the cloud and digital services sector. BlueAlly is reinventing the value-added reseller (VAR) model, and it said in a Monday (July 10) press release that B2B Technologies’ solutions are expected to strengthen its...
B2B FinTech Convera says it has completed its acquisition of Western Union Business Solutions (WUBS). WUBS was acquired last year by Goldfinch Partners and The Baupost Group for $910 million and rebranded as Convera, a new standalone payments operation. In a news release Monday (July 10), the company announced it had...
GTCR’s acquisition of Worldpay is reportedly set to be the largest buyout financing since last year’s Twitter deal. Banks are preparing $9.4 billion of debt, including loans and bonds in dollars and euros, to back the private equity firm’s purchase of a 55% stake in the payment processor, Bloomberg...
Merchant acquirer Merchant Lynx Services says it is expanding into new industries. To that end, the Florida-based company has purchased National Credit Card Processing Group (NCCP), according to a Thursday (July 6) press release. NCCP provides payment acceptance services and technology solutions to the B2B sector. Its chief verticals...
FIS is selling its majority stake in Worldpay to private equity group GTCR for $18.5 billion. The payments company announced the sale Thursday (July 6), days after reports that GTCR and Advent International, a buyouts firm, were vying to pick up a majority stake in Worldpay, the merchant services business of FIS. “This transaction...
BuzzFeed is reportedly looking to sell Complex Networks for 50 cents on the dollar. The digital media organization purchased the group of websites for $300 million two years ago and is now looking to sell them for $150 million, Seeking Alpha reported Wednesday (July 5), citing The...
As consumers increasingly seek out quick, simple meal options in stores and online, Mars is getting into the space with its latest acquisition. On Wednesday (July 5), the confectionery giant’s more health-focused foods division, Mars Food & Nutrition, announced its acquisition of meal kit company...
Travel software firm Sabre has acquired Techsembley to boost its hospitality eCommerce offerings. The deal, announced Wednesday (July 5), comes as hotels and restaurants are increasingly turning to digital solutions to deal with staffing shortages. Techsembly, based in London, offers hotels an automated eCommerce solution that lets them manage multiple online...
