New M&A Payment Service

By  |  May 2, 2014
 | 

An online payment administration and escrow solutions provider, SRS|Acquiom launched a new mergers and acquisitions (M&A) payment administration service, Acquiom Clearinghouse.

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    This will permit paperless submission of all materials and payments, with buyers only needing to set up accounts and sellers using online forms to get paid.

    Acquiom Clearinghouse distributes third-party vendor payments out of merger consideration, such as those for legal and investment banker fees, or for debt obligations due at closing.

    SRS|Acquiom is a global payments administration and escrow investment provider that controls administrative needs in private M&A to complete transactions that help merger parties to close. The affiliated SRS and Acquiom lines of business deliver shareholder representation, payments administration, and escrow solutions.

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