Acquistions news and trends

Binance CEO Wants to be ‘Bridge’ for Crypto, Traditional FIs
Cryptocurrency // November 02, 2022

Binance Founder and CEO Changpeng Zhao is reportedly considering buying banks, saying such a move would build a bridge between crypto and traditional finance.  Zhao said this during an interview at the Web Summit conference in Lisbon, Bloomberg reported Wednesday (Nov. 2).  “There are people...

Today in B2B: B2B Payments Must Modernize; Microsoft Acquires Minit
B2B Payments // March 31, 2022

Today in B2B payments, B2B payments need to modernize and offer more choices in the digital age, while Microsoft acquires process mining company Minit. Plus, Mastercard names Goldman Sachs alum Chad Wallace as executive vice president of B2B solutions, and PYMNTS research shows invoice reconciliation...

Brazilian Bank Topaz Buys Majority Stake in Cobiscorp
Acquisitions // January 11, 2022

The Brazilian FinTech Stefanini Group has acquired a majority stake in Cobiscorp, an American core banking software maker, as part of a larger plan to expand in Latin America.  As FinTech Futures reports, the acquisition will see Stefanini’s core banking subsidiary Topaz integrate a number...

Planet Fitness Acquiring Sunshine Fitness’ 114 Locations
Acquisitions // January 11, 2022

Planet Fitness, Inc. on Tuesday (Jan. 11) signed a definitive agreement to acquire Sunshine Fitness Growth Holdings, LLC, which owns and operates more than 100 Planet Fitness clubs in the southeast U.S. for $800 million in cash and stock, according to a press release.  Planet...

Quick Reads
Frazier Healthcare Acquires Payments Firm RevSpring

March 12, 2024
Investment firm Frazier Healthcare Partners has acquired RevSpring, a payments solution firm for the healthcare field. Frazier announced the deal in a news release Tuesday (March 12), noting that it had acquired RevSpring from private equity firm GTCR.  “The partnership with Frazier will leverage Frazier’s investment, experience, and deep industry expertise to accelerate the company’s success as a leading solution provider […]

Binance CEO Wants to be ‘Bridge’ for Crypto, Traditional FIs

November 02, 2022
Binance Founder and CEO Changpeng Zhao is reportedly considering buying banks, saying such a move would build a bridge between crypto and traditional finance.  Zhao said this during an interview...

Brazilian Bank Topaz Buys Majority Stake in Cobiscorp

January 11, 2022
The Brazilian FinTech Stefanini Group has acquired a majority stake in Cobiscorp, an American core banking software maker, as part of a larger plan to expand in Latin America.  As...

Planet Fitness Acquiring Sunshine Fitness’ 114 Locations

January 11, 2022
Planet Fitness, Inc. on Tuesday (Jan. 11) signed a definitive agreement to acquire Sunshine Fitness Growth Holdings, LLC, which owns and operates more than 100 Planet Fitness clubs in the...