Clarus Merchant Services
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Clarus Merchant Services - overview
Established
1999
Location
Gaithersburg, MD, US
Primary Industry
Financial Services
About
Founded in 1999 by founder Randy Tillim and based in Maryland, US, Clarus Merchant Services is a provider of credit card processing services and comprehensive merchant payment solutions. In January 2024, FPT Operating Company, LLC, a portfolio company of Alvarez & Marsal Capital, acquired Clarus Merchant Services. The company's core product is a suite of payment processing solutions, including point-of-sale (POS) terminals, online payment gateways, and mobile payment options. The company provides web and mobile payment options that allow businesses to process payments online and through mobile devices.
These solutions are designed to be user-friendly and secure, catering to the needs of businesses of all sizes. Clarus offers ERP payment solutions that integrate seamlessly with existing business systems. This integration helps streamline operations and improve efficiency. Additionally, the platform implements robust security measures to protect sensitive payment information.
The company caters to a diverse range of industries, such as distribution, factoring, hospitality, health care, service, retail, and restaurants.
Current Investors
FPT Operating Company, LLC
Primary Industry
Financial Services
Sub Industries
Credit Collections & Services, Application Integration Software, Accounting/Finance Software
Website
www.clarusdc.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Clarus Merchant Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Clarus Merchant Services | - | ||||||||
| Trade Sale | Completed | Anaraq Holdings | - |
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Clarus Merchant Services - employee data
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