Merchant Processing

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Merchant Processing - overview

Established

1989

Location

Springdale, AR, US

Primary Industry

Financial Services

About

Based in Incheon, South Korea, and founded in 1989 by Bob Morris, Community Bankers Merchant Services, Inc. , dba Merchant Processing, operates as a provider of merchant processing services that specialized in credit card processing, merchant accounts, merchant cash advances, and other payment solutions. In August 2022, Celero Commerce LLC, a portfolio company of LLR Partners, acquired Community Bankers Merchant Services, Inc. The company provides payment processing solutions that offer fast and secure processing anytime from anywhere and accepts payments online with CBMS’s gateway, customizable management software, gift, and loyalty cards, and others thereby assisting retail and restaurant merchants, corporations, financial institutions, and other small and mid-sized businesses.


Current Investors

LLR Partners

Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.merchantprocessing.com

Verticals

FinTech, FinTech

Company Stage

Add-on

Total Amount Raised

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Merchant Processing - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedMerchant Processing-

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