About This Deal

FISERV INC acquired The LR2 Group, LLC (City POS), a transaction completed in June 2022.

The LR2 Group, LLC (City POS) operates in Acceptance / ISO. The LR2 Group, LLC ('City POS') is an ISO that promotes payment processing services and facilitates the sale of POS equipment for merchants, expanding the reach of Fiserv's merchant services business.

Disclosed in Fiserv's FY22 Form 10-K; integrated into the noted operating segment.

Deal Terms

Acquirer
FISERV INC
Target
The LR2 Group, LLC (City POS)
Value
Not disclosed
Date
June 2022
Type
Full acquisition
Status
Ready

Transaction Details

Segment
Acceptance / ISO
Announced
June 1, 2022
Closed
June 1, 2022

In Their Words

The LR2 Group, LLC ('City POS') is an ISO that promotes payment processing services and facilitates the sale of POS equipment for merchants, expanding the reach of Fiserv's merchant services business.Fiserv FY22 Form 10-K, Acquisitions note

Advisors

Advisory firms were not disclosed for this transaction.

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Sources: Press release ↗ · Last updated June 12, 2026

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