2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars. FIS bought Worldpay for a staggering $43 billion. Fiserv bought First Data for more than $22...
PracticeTek and Integrated Practice Solutions have merged to create one of the largest retail healthcare solutions providers in the United States. The combined company will operate under the PracticeTek brand and will offer a range of tools to over 40,000 retail healthcare providers in the U.S. and Canada,...
Regional lenders Banc of California and PacWest Bancorp are reportedly in advanced negotiations to combine. A deal could be announced as soon as Tuesday (July 25), when both banks are scheduled to report their results, The Wall Street Journal (WSJ) reported Tuesday, citing unnamed sources. Banc of California and PacWest Bancorp...
Home health company Amedisys has agreed to a $3.3 billion merger with UnitedHealth Group. The deal calls for the acquisition of Amedisys’ outstanding common stock in an all-cash transaction for $101 per share and places Amedisys under the umbrella of UnitedHealth’s Optum arm, according to a Monday (June 26) press...
Money transfer FinTech Zepz is reportedly looking to add to its business portfolio. The company, which owns remittances firms WorldRemit and Sendwave, is looking for merger and acquisition targets in a bid to capture a greater portion of the global payments market, CEO Mark Lenhard...
Medical products maker Cardinal Health is combining its Outcomes business with pharmacy tech firm Transaction Data Systems. The deal will give Cardinal Health a minority stake in the combined entity, with Debbie Weitzman, CEO of Cardinal Health’s pharmaceutical segment, joining the Transaction Data Systems (TDS) board of directors, according to...
TD Bank and First Horizon Bank have called off their $13.4 billion merger. The financial institutions announced the end to their agreement in a joint statement Thursday morning (May 4), saying the decision came after TD told First Horizon that TD didn’t have a timetable...
FinFit and Salary Finance U.S. have merged and will integrate their financial wellness employee benefits. The combined organization will operate under the FinFit brand. Its platform will include both companies’ financial wellness products and aims to help employees attain financial health, the companies said in...
Consumers are already bracing for another year of higher food prices, with U.S. shoppers continuing to seek deals and trading quality for quantity. While Walmart has so far benefited from this shifting consumer behavior, a possible mega-merger could change all that. As reported The Wall...
