Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
Priority Tech buys IntelliPay for up to $15M. |
| Συγγραφείς: |
Bachman, Justin (AUTHOR) |
| Πηγή: |
PaymentsDive.com. 8/26/2026, pN.PAG-N.PAG. 1p. |
| Θεματικοί όροι: |
*Computer software developers, *Public sector, *Disbursements, *Business enterprises, *Business revenue, *Buyouts |
| Περίληψη: |
The article focuses on Priority Technology Holdings' acquisition of IntelliPay, a software developer specializing in government payments, for $11.5 million, with a potential additional $3.5 million based on financial targets. This acquisition will create a new business unit, Priority Commerce Government, adding approximately $4 million in revenue through 2026. IntelliPay, based in Draper, Utah, provides software for government agencies, schools, and other organizations to manage card and ACH payments and billing, and was previously owned by The Beekman Group. Priority Technology, which offers payments and banking software to corporate and merchant clients, has previously partnered with IntelliPay and aims to expand its presence in the public sector through this deal. [Extracted from the article] |
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