FISERV INC acquired Pineapple Payments Holdings, LLC for $207 million, a transaction completed in May 2021, structured as All-cash.
Pineapple Payments Holdings, LLC operates in Payments / ISO. Pineapple Payments Holdings, LLC ('Pineapple Payments') is an independent sales organization (ISO) that provides payment processing, proprietary technology, and payment acceptance solutions for merchants, expanding Fiserv's digital capabilities for small and mid-sized businesses.
It expands the reach of Fiserv's payment solutions through its technology- and relationship-led distribution channels.
Disclosed in Fiserv's FY21 Form 10-K; integrated into the noted operating segment.
Pineapple Payments Holdings, LLC ('Pineapple Payments') is an independent sales organization (ISO) that provides payment processing, proprietary technology, and payment acceptance solutions for merchants, expanding Fiserv's digital capabilities for small and mid-sized businesses.Fiserv FY21 Form 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.