Production Services Associates / American Card Services, Inc.
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Production Services Associates / American Card Services, Inc. - overview
Location
-, IL, US
Primary Industry
Materials
About
Production Services Associates, through its subsidiary American Card Services, provides comprehensive payment solutions and services, specializing in electronic payment processing and related financial services for various businesses. Production Services Associates operates as a provider of electronic payment processing services, focusing on sectors that require reliable financial transaction solutions. The firm is headquartered in Romeoville, US. In September 2014, American Card Services, Inc.
merged with Production Services Associates, although financial terms were not disclosed. The company has a total number of deals recorded as 1, with its most recent deal date on September 26, 2014. Production Services Associates offers a wide range of electronic payment processing solutions tailored for businesses. Their offerings include services that facilitate credit and debit card transactions, electronic fund transfers, and various merchant account services.
They cater to a diverse clientele, providing solutions designed to meet the needs of retailers, service providers, and e-commerce businesses, with accessibility through both online platforms and direct client engagement. Production Services Associates generates its revenue primarily through transaction-based fees for electronic payment processing services. The firm focuses on building long-term relationships with clients, aiming to ensure a steady revenue stream through ongoing service agreements and transaction volumes, which are structured to accommodate various business sizes and types. Looking forward, Production Services Associates intends to expand its service offerings by designing new payment technologies aimed at enhancing transaction security and efficiency.
The company is also targeting expansion into additional geographic markets, with plans to penetrate the North American and European regions by the end of 2025. The funding received from the merger with American Card Services will be utilized to support these strategic initiatives, ensuring the firm remains competitive in the evolving payment processing landscape.
Current Investors
Production Services Associates, American Card Services, Inc.
Primary Industry
Materials
Sub Industries
Rubber & Plastics
Website
www.psa.com
Verticals
Manufacturing
Total Amount Raised
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Production Services Associates / American Card 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Production Services Associates / American Card Services, Inc. | - |
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