BluePay Processing, LLC
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BluePay Processing, LLC - overview
Established
2003
Location
Naperville, IL, US
Primary Industry
Financial Services
About
Founded in 2003 and based in Illinois, US, BluePay Processing, LLC offers electronic payment processing solutions such as point-of-sale (POS) systems, online invoicing, credit card processing, and virtual terminals for businesses, banks, credit unions, non-profit organizations, and retail stores. In August 2013, TA Associates acquired BluePay Processing, LLC, for approximately USD 200 million, from Goldman Sachs Asset Management as part of the recapitalization, and in October 2019, Lovell Minnick Partners acquired Billhighway Inc. from BluePay Processing, LLC, and TA Associates.
Current Investors
KKR, Stone Point Capital, First Data Corporation
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Application Integration Software
Verticals
Big Data, FinTech, Mobile Apps, RegTech
Company Stage
Buyout
Total Amount Raised
Subscriber access only
BluePay Processing, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Billhighway Inc. | - | ||||||||
| Buyout | Completed | BluePay Processing, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | BluePay Processing, LLC | - | ||||||||
| Add-on | Completed | VersaPay Corp’s merchant portfolio | - | ||||||||
| Add-on | Completed | Billhighway Inc. | - |
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