Acquisitions

Acquisitions
Western Union Business Solutions Now Convera, Says is Largest Non-Bank Global B2B Payments Platform
March 01, 2022

Goldfinch Partners and The Baupost Group have reached the initial closing in their acquisition of Western Union Business Solutions (WUBS) for $910 million, the two entities said in a press release Tuesday (March 1). Get the Full Story Complete the form to unlock this article...

Acquisitions
DoorDash Buying Contactless Ordering Firm Bbot
March 01, 2022

DoorDash is set to acquire Bbot, a contactless ordering and payment technology provider, for an undisclosed amount, the food delivery giant said in a press release Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Acquisitions
TD Bank Acquires Bank Holding Company First Horizon for $13.4B
February 28, 2022

Toronto-Dominion Bank Group on Monday (Feb. 28) agreed to purchase First Horizon Corp. for $13.4 billion in cash to fuel its expansion across the southeastern United States after several failed attempts to break into the market, according to a Reuters report. Get the Full Story...

Acquisitions
Gaming Company IGT Sells Payment Business for $785M
February 28, 2022

Gaming company International Game Technology (IGT) will sell its Italian proximity payment business to PostePay — the payments arm of Italian postal service Poste Italiane — in a deal worth $785 million (700 million euros). Get the Full Story Complete the form to unlock this...

Acquisitions
Zip to Buy BNPL Rival Sezzle in $352M Deal
February 27, 2022

Buy now, pay later (BNPL) firms Zip and Sezzle have announced a definitive agreement under which Australia-based Zip will buy Sezzle, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Acquisitions
UnitedHealth Group’s $13B Acquisition of Change Healthcare in DOJ Crosshairs
February 24, 2022

The U.S. Justice Department on Thursday (Feb. 24) filed a lawsuit in U.S. District Court for the District of Columbia to block UnitedHealth Group subsidiary Optum’s proposed $13 billion acquisition of health technology platform Change Healthcare, according to a report in The New York Times....

Acquisitions
TreviPay Acquires B2B Payments Network Baton
February 23, 2022

Payment and credit management company TreviPay has acquired Baton Financial Services, a B2B invoice payments network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Acquisitions
TradeDepot Targets Growth in Ghana with Green Lion Acquisition
February 23, 2022

Nigerian B2B marketplace TradeDepot has acquired Ghana-based competitor Green Lion for an undisclosed amount as part of a plan to expand into that neighboring African nation, according to a Wednesday (Feb. 23) Yahoo Finance report. Get the Full Story Complete the form to unlock this article...

Acquisitions
Betterment Launches Student Loan Management, Acquires Gradvisor
February 23, 2022

Investment platform Betterment has launched a student loan management solution and acquired the partner and customer relations of Gradvisor, a college savings plan service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...