FISERV INC acquired Merchant One, Inc. for $302 million, a transaction completed in December 2022, structured as All-cash.
Merchant One, Inc. operates in Acceptance / ISO. Merchant One, Inc. ('Merchant One') is an independent sales organization (ISO) focused on acquiring merchants in the restaurant, retail and e-commerce industries using a mix of direct and digital marketing strategies, enhancing Fiserv's merchant distribution.
It enhances Fiserv's merchant distribution and sales force channels.
Disclosed in Fiserv's FY22 Form 10-K; integrated into the noted operating segment.
Merchant One, Inc. ('Merchant One') is an independent sales organization (ISO) focused on acquiring merchants in the restaurant, retail and e-commerce industries using a mix of direct and digital marketing strategies, enhancing Fiserv's merchant distribution.Fiserv FY22 Form 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.