Iroquois Merchant Services, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Iroquois Merchant Services, Inc. - overview
Established
2014
Location
Nashville, TN, US
Primary Industry
Financial Services
About
Founded in 2014 and based in Tennesse, US, Iroquois Merchant Services, Inc. operates as a financial services company that provides payment processing services. The CEO of the company is Daniel Mcgugin. In April 2022, Payroc LLC, a portfolio company of BluePay Canada ULC, NXGEN International/First Financial Merchant Services, LLC, and Parthenon Capital, acquired Iroquois Merchant Services, Inc.
Iroquois Merchant Services, Inc. provides independent sales organization (ISO) and merchant service provider (MSP) services along with credit card-based payment processing solutions and services for various businesses, government institutions, and non-profit organizations. The company offers mobile processing services that enable customers to accept, process, and track their payments; provides credit card terminals and devices to make credit card payments; provides access to loyalty rewards, offers, promotions, and gift cards; provides check services that convert paper checks into electronic transactions, and also provides an e-commerce gateway for making payments. The company also offers Zero Cost Credit Card Processing service that allows businesses to pass the transaction fees to their customer while keeping the whole amount of the credit card sale.
Iroquois Merchant Services, Inc. plans to expand in integrated payments, payment facilitation, and international processing as a result of the acquisition, while also providing its sales channels and customers with dependable core payment processing solutions.
Current Investors
BluePay Canada ULC, NXGEN International/First Financial Merchant Services, LLC, Payroc World Access, LLC
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.iroquoisms.com
Verticals
Big Data, FinTech, FinTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Iroquois Merchant Services, Inc. - 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 | Iroquois Merchant Services, Inc. | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.