United Merchant Services of California, Inc.
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United Merchant Services of California, Inc. - overview
Established
1987
Location
Glendale, CA, US
Primary Industry
Financial Services
About
United Merchant Services of California, Inc. specializes in providing payment processing and merchant services tailored to businesses, enhancing their ability to manage transactions efficiently and securely. Founded in 1987, United Merchant Services of California, Inc. is headquartered in Glendale, US.
The company focuses on offering payment processing solutions and merchant services. In December 2018, it was acquired by Celero Commerce, a portfolio company of LLR Partners, with undisclosed financial terms. United Merchant Services of California, Inc. offers a range of payment processing services including credit card processing, point-of-sale solutions, fraud prevention tools, and merchant accounts designed to support diverse business needs.
Their services cater to various sectors such as retail and hospitality, aiming to equip businesses with reliable transaction management capabilities. The revenue model of United Merchant Services of California, Inc. is primarily based on transaction fees and service subscriptions from businesses utilizing their payment processing solutions. The company generates income by charging clients for transaction processing services and monthly fees for account management, aligning their offerings with the operational needs of their customers.
Following its acquisition in December 2018, United Merchant Services of California, Inc. is focusing on expanding its product offerings to include advanced digital payment solutions and integrating new technologies. The company aims to penetrate additional markets within North America by 2025, leveraging its recent acquisition to enhance its operational capabilities and customer reach.
Current Investors
Celero Commerce LLC
Primary Industry
Financial Services
Sub Industries
e-Financial, Credit Collections & Services, Accounting/Finance Software
Website
www.umsbanking.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
United Merchant Services of California, 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 | United Merchant Services of California, Inc. | - |
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